Anderson argues that centuries of racism have left Black Americans at the bottom of every economic measure, and that civil-rights strategies alone cannot close the gap; what is needed is group economics — building Black-owned businesses, keeping dollars circulating in Black communities, and converting consumer power into political and institutional power. He lays out a five-year national plan covering business development, education, and political action. The book became a staple of Black economic-empowerment reading lists and study groups.
Author: Dr. Claud Anderson · Original publisher: PowerNomics Corporation of America, 2001 (full title: *PowerNomics: The National Plan to Empower Black America*)