))
Neighborhood Economics: Cultivating Black Entrepreneurship and the Legacy of Black Wall Streets
Manage episode 401322838 series 3347406
Innhold levert av Joel Skene. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joel Skene eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Ever wondered how capitalism can evolve into a force for social good? Our latest episode features Lynier Richardson, a distinguished academic and entrepreneur with deep roots in community development and economic empowerment. Together, we dissect the complex tapestry of social enterprises, revealing how profitability and social impact aren't mutually exclusive but rather complementary facets of modern business. Lynier brings his wealth of knowledge from Rutgers Business School to the table, painting a picture of an economy where undervalued assets in marginalized communities are recognized and harnessed, inspiring a new generation of ethical investors and entrepreneurs.
The conversation takes a turn as we scrutinize the traditional measures of business success, suggesting a paradigm shift where long-term gains for both community and environment are paramount. Lynier and I share our reservations about practices like payday lending and discuss the need to balance respect for capital with accountability for its broader implications. It's a discourse that bridges the gap between the academic and the practical, examining the ethical nuances that must be navigated to foster inclusive economic growth.
Wrapping up our exploration, we celebrate the resilience and innovation of black entrepreneurship, focusing on the historical significance and potential revitalization of Black Wall Streets. We reflect on the transformative power of local economies and the role of conferences like the Neighborhood Economic Development Conference in connecting capital to community projects. As a professor, I share my encouragement for students to apply their business skills to societal challenges, making this episode not just a conversation, but a call to action for listeners to rethink success and engage in impactful economic practices.
https://www.business.rutgers.edu/faculty/lyneir-richardson
This program is brought to you by:
Arc Integrated
Be sure to visit BizRadio.US to discover hundreds more engaging conversations, local events and more.
87 episoder
Del
