Next City : 'The Black Power Scorecard:' On Expanding Power and Lives
SHOW NOTES
Black power is more than symbolic. It’s a measurable reality tied to things like ownership, investment in neighborhoods, and—ultimately—life expectancy.
In this episode with the authors of two new books—“The Black Power Scorecard” and “The Banks We Deserve”—Andre Perry and Oscar Perry Abello talk about systems that have historically failed communities of color and what it will take to build lasting institutions that truly serve them. The episode is based on a Next City webinar produced earlier this year, "Achieving Economic Justice and Power."
Perry argues that Black communities already hold real power, except it’s often undervalued or ignored. His research reveals a strong link between life expectancy and factors like ownership of homes and businesses—which requires deliberate financial investment. As he puts it, “Nothing grows without investment.”
Abello calls out the stark disparities in community banking. Of the roughly 4,000 community banks in the U.S., only about 120 serve communities of color, meaning most character-based lending remains inaccessible to Black and brown entrepreneurs.
Listen to the episode to get examples of solutions and learn how to grow what’s working.
In this episode with the authors of two new books—“The Black Power Scorecard” and “The Banks We Deserve”—Andre Perry and Oscar Perry Abello talk about systems that have historically failed communities of color and what it will take to build lasting institutions that truly serve them. The episode is based on a Next City webinar produced earlier this year, "Achieving Economic Justice and Power."
Perry argues that Black communities already hold real power, except it’s often undervalued or ignored. His research reveals a strong link between life expectancy and factors like ownership of homes and businesses—which requires deliberate financial investment. As he puts it, “Nothing grows without investment.”
Abello calls out the stark disparities in community banking. Of the roughly 4,000 community banks in the U.S., only about 120 serve communities of color, meaning most character-based lending remains inaccessible to Black and brown entrepreneurs.
Listen to the episode to get examples of solutions and learn how to grow what’s working.
Next City
Join Lucas Grindley, executive director at Next City, where we believe journalists have the power to amplify solutions and spread workable ideas. Each week Lucas will sit down with trailblazers to discuss urban issues that get overlooked. At the end of the day, it's all about focusing the world's attention on the good ideas that we hope will grow. Grab a seat from the bus, subway, light-rail, or whatever your transit-love may be and listen on the go as we spread solutions from one city to the Next City .
LISTEN ON YOUR FAVORITE APP
