Social and Behavioral Sciences Commons^™

Moral Value And Market Values: The Impact On Africa In An Era Of Global Capitalism, Charles Stith

Trotter Review

In the era of global capitalism, the perennial tension between market and moral values has acquired new form and meaning. Ambassador Stith attempts to unravel the issues of morality within the context of a global market in recession, stagnated economies of the developing world, ever-changing technology and the reality of terrorism. Stith contends that the church has largely failed to reconcile the morality that it teaches, with the market in which it operates. He makes the argument that moral values are not just desirable; they are necessary for long-term survival of both the developing and developed world. The key, is …

Introduction, James Jennings

Trotter Review

We are proud to share with our readers the second annual issue of the Trotter Review. Since the first issue in 1984, the Trotter Review has grown to become a popular journal with a national and international readership. The journal has been particularly praised for its presentation and balance of scholarship informed by activism. We are currently planning future issues along the following themes: the experiences of Black children and the Black community with public schools; the historical and contemporary relationships between the Black and Native-American communities in the United States; and the role of Black educators in community …

The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton

Trotter Review

The small business sector in the United States has traditionally been viewed as a strong source of economic growth and prosperity, as entrepreneurship epitomizes the quintessential American fantasy of rugged individualism. Given the myths about larger-than-life entrepreneurial heroes, business development has historically been touted as a viable trajectory toward economic and social mobility for immigrant groups and marginalized people. Stories about "great" American businessmen such as John D. Rockefeller, Bill Gates, Steve Jobs among others, often highlight rags-to-riches myths about innumerable possibilities within American capitalism given diligence, fierce competition, and an uncompromising work ethic. The work values of small business …

Kenyan Women And The Harambee: Community Development Or Unpaid Work?, Anne Gathuo

Trotter Review

Since gaining independence from Britain in 1963, the Kenyan government has encouraged self-help activity, known as "harambee" which is aimed at supplementing government efforts in the provision of social services. The term harambee conjures positive images of community spirit and people pooling together for a common cause. Indeed, the term is synonymous to community development. The United Nations Report on Community Development and Economic Development defines community development as the process by which the efforts of the people themselves are combined with those of government authorities to improve the economic, social and cultural conditions of communities, to integrate these communities …

An Interview With Brooke Stephens, Nina Lanegra

Trotter Review

Desperate women losing a daily battle against the stranglehold and cycle of poverty: this is what comes to mind when I think of Women and Economic Development. It's an international picture, Third World countries struggling with the World Bank and the International Monetary Fund. I was challenged to think of any linkage between Women and Economic Development on both an international and domestic level. My search led me to this interview with Brooke Stephens, author and Wall Street veteran of 15 years who has been a senior investment consultant. Stockbroker, and a Registered Investment Advisor. Ms. Stephens comments on financial …

Responding To Poverty Through Community Development: The Role Of Women In South Africa, Junette Davids

Trotter Review

The World Bank reported that during the past three decades the developing world has made enormous economic progress. This is illustrated in the rising trend for incomes and consumption: between 1965 and 1985 consumption per capita in the developing world went up by almost 70%. Midgley, also reported that developing countries have recorded high rates of economic growth, achieved high degrees of industrialization and made significant social progress. Given this scenario one would assume that poverty has also decreased markedly. However, even though some developing countries have recorded high rates of economic growth, achieved high degrees of industrialization, and made …

Theoretical Explanations Of Persistent Black Youth Unemployment, Rhonda M. Williams

Trotter Review

This essay reviews and briefly summarizes three theoretical models used most often to explain two decades of persistently high unemployment among black youth and declining rates of male labor-force participation: neoclassical, Keynesian/neo-Keynesian, and radical perspectives. Based on a review of these models, it offers an alternative approach to explaining and analyzing black youth unemployment.

Myths And Realities Of Puerto Rican Poverty, Edwin Melendez

Trotter Review

The following remarks were made as the closing keynote address at the conference, "Mainland Puerto Ricans: Myths and Realities on Poverty," held at Yale University in New Haven, Connecticut, on October 22 and 23, 1993.

There are two "stories" frequently cited to explain the causes of the poverty among Puerto Ricans: the first suggests that Puerto Ricans are poor because they are going through a transition as they move toward full assimilation; the second proposes that Puerto Ricans are becoming part of an urban "underclass." Neither of these explanations stands the test of reality.

Race, Economic Development, And The Role Of Transportation And Training, Joan Wallace-Benjamin

Trotter Review

As Massachusetts confronts its economic future and develops strategic plans for seizing competitive advantages, accessibility promised by proposed development plans for the transportation infrastructure must not only provide commuters with the means to get to work, but also increase the opportunity for participation in the economy for all citizens of the region. Changes in the transportation infrastructure will not ensure accessibility unless workers receive adequate training for the new types of jobs being offered. According to a recent report issued by the Joint Center for Political and Economic Studies, authored by William P. O'Hare, "Black people who live in urbanized …

Providing Quality Leadership In Roxbury: A Profile Of Leon T. Nelson, Harold Horton

Trotter Review

Poor leadership is often the cause for the inept functioning and eventual collapse of an organization or agency. This is because the leader sets the tone and to a great extent determines whether or not an organization will be viable. Leon T. Nelson, president of the Greater Roxbury Chamber of Commerce, has done his utmost to live up to the organization's motto, "Quod facis bene fac," which means doing whatever you do as well as you possibly can.

In a community that underwent drastic demographic changes during the 1970s and 1980s, when numerous businesses led the "white flight" to suburbia, …

The Role Of Black Political Leadership In Economic Development, Curtis Stokes

Trotter Review

One of the most striking things about the United States is the degree to which racial inequality remains a pervasive fact of life. Indeed, since the end of the 1960s the black-white gap in life chances (for example, jobs and income) has worsened for large segments of the black community. To persistently face high unemployment and declining income is especially troublesome in a capitalist economy like that in the United States, where goods and services are rationed by a harsh market and where there is, at best, a very modest social safety net. The United Nation's Human Development Report 1993, …

Economic Prescriptions For Black Americans, Jeremiah P. Cotton

Trotter Review

The following is a policy statement issued October 12, 1989, by the "Study Group on Employment, Income, and Occupations" of the Assessment of the Status of African-Americans project conducted by the William Monroe Trotter Institute. The full report of the study group is published in an article entitled "Race and Inequality in the Managerial Age," which appears in Social, Political, and Economic Issues in Black America.

One of the major conclusions of this report on the relative economic status of blacks in the United States is that a substantial and persisting gap exists between the general circumstances of blacks …

African Americans And The Future Of The U.S. Economy, Lou Ferleger, Jay R. Mandle

Trotter Review

For the first time in the country's history, the level of skills and education of the African-American labor force is a critical determinant of the potential for growth of the economy itself. The integration of black labor into the economy now means that the development of one is dependent upon the development of the other. To investigate this relationship we first examine the recent performance of the economy and the consequences of that performance for the black standard of living, and then the role the African-American labor force can play in overcoming the economic deficiencies that have plagued the economy.

Book Review: The Poor And The Powerless: Economic Policy And Change In The Caribbean, By Clive Y. Thomas, Winston Langley

Trotter Review

With only brief interludes, the Caribbean area has for the past five centuries been a center of global power struggles and internal sociopolitical upheavals of the first order. Those struggles and upheavals show no signs of abating as we move into the twenty-first century. Indeed, there appears to be a consensus among scholars and political leaders in the region that the area now faces problems of crisis proportions.

Commentary: The "Negro" Problem In The 1980s, Wornie L. Reed

Trotter Review

Since 1984 the National Research Council (NRC) of the National Academy of Science has been conducting a study on the status of black Americans. And since 1986 the William Monroe Trotter Institute has been conducting a similar study. The Trotter Institute study was developed because we wanted to have the widest possible discussion of the present condition of blacks and the social policy implications of that condition.