http://www.blackinformant.com/uncategorized/this-is-just-the-kind-of-study-i-have-been-looking-for Engaging the culture by challenging the status quo Fri, 10 Feb 2012 13:24:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.blackinformant.com/uncategorized/this-is-just-the-kind-of-study-i-have-been-looking-for/comment-page-1#comment-3536 exe Sat, 11 Nov 2006 05:17:15 +0000 http://blackinformant.com/2006/11/09/this-is-just-the-kind-of-study-i-have-been-looking-for/#comment-3536 Your assement of inner city businesses accurately describes the potential for entrepreneurship. Unfortunately the inner city environment has similarities with a low-intensity war zone - this prevents substantial economic growth from taking root. The situation is that the inner city is like another country which merely utilyzes as much of the infrastructure of the USA as possible. It would be interesting to see the effects of the inner city taking advantage of the benefits of "flat world" globalization. Your assement of inner city businesses accurately describes the potential for entrepreneurship. Unfortunately the inner city environment has similarities with a low-intensity war zone – this prevents substantial economic growth from taking root. The situation is that the inner city is like another country which merely utilyzes as much of the infrastructure of the USA as possible. It would be interesting to see the effects of the inner city taking advantage of the benefits of “flat world” globalization.

]]> http://www.blackinformant.com/uncategorized/this-is-just-the-kind-of-study-i-have-been-looking-for/comment-page-1#comment-3535 MIB Fri, 10 Nov 2006 17:26:34 +0000 http://blackinformant.com/2006/11/09/this-is-just-the-kind-of-study-i-have-been-looking-for/#comment-3535 Poverty isn't a reflection of incomes or commercial activity as much as it is an indicator of material wealth (ownership) and access to resources. The black markets that obviously function in many urban and exurban neighborhoods expose the fallacy of explaining poverty as a failure of personal morality, e.g.; sloth. Therefore, the apparent reticence of large businesses and investors to enter these neighborhoods actually represents their tendency to influence economic conditions to their advantage. What's the incentive for the hypothetical First National Bank to open a branch in the hood when they already control the equity from the outside? Poverty isn’t a reflection of incomes or commercial activity as much as it is an indicator of material wealth (ownership) and access to resources. The black markets that obviously function in many urban and exurban neighborhoods expose the fallacy of explaining poverty as a failure of personal morality, e.g.; sloth. Therefore, the apparent reticence of large businesses and investors to enter these neighborhoods actually represents their tendency to influence economic conditions to their advantage. What’s the incentive for the hypothetical First National Bank to open a branch in the hood when they already control the equity from the outside?

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