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Jared A. Ball’s Followers (22)
Jared A. Ball
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“The studies from which most national discussion of buying power come are to be credited for being clear that their reports do not in any way relate to what most think of as genuine economic strength. They do point out that their work is not an assessment of wealth, income, ownership, and so on, the true indicators of economic strength.”
― The Myth and Propaganda of Black Buying Power
― The Myth and Propaganda of Black Buying Power
“The myth of “buying power” functions as propaganda working to deny the reality of structural, intentional and necessary economic inequality required to maintain society as it is, one that benefits an increasingly decreasing number of people. To do this the myth functions to falsely blame the poor for being poor. Poverty, the myth encourages, is the result of the poor having little to no “financial literacy,” or as resulting from their bad spending habits, when in reality poverty is an intended result of an economic and social system.”
― The Myth and Propaganda of Black Buying Power
― The Myth and Propaganda of Black Buying Power
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