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Beyond DEI: Why Black-Owned Businesses Must Define the Future of Economic Power

Updated: Oct 8

For years, Diversity, Equity, and Inclusion (DEI) has been framed as the answer to racial inequity in the workplace. Designed to level the playing field, DEI initiatives promised fair hiring, expanded opportunities, and a seat at the table for historically excluded communities. But as DEI faces political and cultural pushback in every state and at every level of government, a harder question emerges: Were we ever building our own table, or just leasing a seat at someone else’s?


The Limits of DEI


On paper, DEI created access. More Black professionals were hired into roles. More conversations around equity entered boardrooms. More institutions were pressured to reflect the diversity of the communities they serve.


Yet DEI still functions inside systems controlled by others. Corporations, universities, and government programs hold the power. For Black workers and entrepreneurs, this often meant waiting to be “included” rather than owning the process of inclusion. When the foundation isn’t ours, inclusion is temporary. One political shift or corporate restructuring can erase years of progress.


Why Many Still Choose White-Owned Employers


Some ask: Why would people rather work for a white man than work for each other? The answer is layered:


  • Stability: Large corporations often have established pay structures, benefits, and career ladders.

  • Resources: White-owned businesses historically have had more capital and visibility.

  • Access: Many Black-owned businesses don’t have the same marketing reach, so workers don’t always know where the opportunities are.


The preference isn’t always cultural; it’s structural. Until Black-owned businesses are consistently seen as competitive, sustainable, and professional, workers will continue to gravitate toward what feels safer.


Leasing America vs. Owning a Piece of It


Here lies the heart of the matter. Relying on DEI to “include” us is like leasing America: we’re allowed temporary access, but ownership never transfers.


In contrast, building, supporting, and expanding Black-owned businesses is like buying land. It’s about creating economic structures that belong to us, that we control, and that can be passed down for generations.


With ownership comes power: the power to hire our own, to circulate wealth within our communities, and to stand on our own two feet without waiting for handouts or federal mandates.


The Path Forward


DEI should not be dismissed outright; it has opened doors and created opportunities. But it cannot be the foundation of Black economic freedom. That foundation must be ownership.


When we strengthen Black-owned businesses, we do more than create jobs. We create pathways for independence, innovation, and generational wealth. We stop waiting to be fed and start feeding ourselves.


As DEI struggles in government and corporations, Black America faces a choice:


  • Will we continue fighting for a seat at someone else’s table?

  • Or will we build a table of our own, with room enough for the community and generations to come?


The answer may define not just the future of DEI, but the future of Black economic power in America.


Building Our Own Table


Creating our own economic structures is vital. It’s not just about survival; it’s about thriving. We need to focus on nurturing our businesses and supporting each other.


When we invest in Black entrepreneurship, we invest in our future. We create jobs, foster innovation, and build a legacy. This is how we reclaim our narrative.


The Importance of Community Support


Community support is essential. We must uplift each other. When one of us succeeds, we all benefit.


Let’s share resources, knowledge, and networks. Collaboration can lead to incredible opportunities. Together, we can create a robust ecosystem that supports Black-owned businesses.


Embracing Change


Change is daunting, but it’s necessary. We must embrace new ideas and adapt to the evolving landscape.


Let’s challenge the status quo. We have the power to redefine success on our terms. By doing so, we pave the way for future generations.


Conclusion


The journey toward economic empowerment is not easy, but it is essential. We have the opportunity to build something extraordinary.


Let’s commit to owning our future. Let’s create a thriving economic ecosystem that reflects our values and aspirations. Together, we can make a difference.


 
 
 

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