The Economic Trap
Professor Chancellor was important in identifying the economical
trap. This is where African, Afro-European and African
American people are paid LESS than Whites (because of
discrimination, unemployment, underemployment, and lack of
promotion), but are required to pay MORE than Whites (for consumer
goods, taxes, rents, and insurance).
In addition, African people are
more likely to be in geographical areas where inflation is higher.
African people are also probable to be land to a lesser
degree, capital and asset. Finally, their labor is robbed of its
vitality by the business.