The author's points on consumerism are valid, black people should spend less, save more and invest more.
The author however goes on to rant on and on about the weaknesses of black people without appreciating the huddles we have passed through.
If one considers what black people have been through, you start to see just how successful we have been; being able to defend our own and survive the times.
The native Indians of America who to an extent faced similar challenges (biological terror through diseases; wars and raids etc) were not as successful and have been almost wiped out to extinction.
The author makes comparisons between blacks and the likes of Bill Gates, he forgets the environment and level of opportunity a person like Bill Gates had when he was growing up. Bill Gates was born to rich middle class parents in a war free society where he got to go to the most prestigious schools and had access to the latest information and technology of his time.
These factors disqualify Bill Gates as a worthy comparison, the same with all the Silicon valley tech gurus he praises.
The bible says; 'why look at the speck in your brother's eye but do not notice the log in your own eye.' In this spirit, before the author gets worked up about why Africans are not starting successful multi-billion dollar companies, he should ask himself why he hasn't started one himself, why he is not a billionaire.
Speaking of billionaires, there are a number of Africans who have become billionaires on the continent, against all odds. However, I can't say the same for the author.
When I google his name nothing much is said about a multi billion dollar empire, not even a million dollar enterprise. Its therefore funny how this guy undermines the success of the black businesses that were profiled in the Black Enterprise Magazine in June 1999 because the number one had revenues of 'only' $389 million.
It is a bad book, with a lot of inaccuracies and little research. The following is taken from Wikipedia:
" A few of his most inaccurate comments and racial stereotypes include: "In Africa there are more Mercedes Benz, BMW (sic) and Jaguars than there are people." "There is nothing in Africa that is owned by the people."
One notable contradiction is when he calls for adoption of the spider web doctrine, but then cautions successful 'capitalist niggers' (like himself) to keep other Blacks at arm's length. "
I live in Africa, and everyday I see honest people going out to work hard and make it, despite all the challenges.
The bias, the lack of strong factual argument, the inaccuracies and the exaggerated claims in the book go a great length to show that Chika is just as incompetent and as lazy as the black-man stereotype he builds.