
Minority Business Success: Refocusing on The American Dream

• inadequate education; • difficulties in securing funding for their businesses; and • limited access to mainstream supply chain opportunities. The
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
The so-called “free-market system” has created perverse incentives for business leaders to “take the money and run.” Propounding the myth that markets are self-regulating, opportunists mastered tactics to drive up short-term stock prices and apparent profitability, and they rewarded themselves with handsome bonuses for doing so. Their freedom to sk
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A community of people who do not see how they can get ahead in life and have given up trying is a drain on the economic system; the larger the community, the greater the negative consequences. So the demographic shift brings with it a simmering problem that is growing in magnitude each day.
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
Thus the issue of minority inclusion is not about historically poor Americans becoming better off at the expense of the rich: it is about all Americans becoming progressively worse off than they were at the turn of the millennium.
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
Let’s be sure we understand what this terminology actually means. Up until a couple hundred years ago, the United States had a primarily agricultural economy, consisting of hundreds of thousands of farms employing farmhands. After the Industrial Revolution, manufacturing surpassed agriculture as the principal source of revenue and jobs in the U.S.
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We urgently need a National Industrial Strategy that sustains the key industries of today and fledges the growth industries of tomorrow. The strategy needs to be inclusive, forward-thinking, and impactful in the short run—and sustainable in the long run.
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
economy can neither recover nor excel
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
full contribution to national prosperity.
Leonard Greenhalgh • Minority Business Success: Refocusing on The American Dream
This situation hurts minorities because it destines all but a few of them to remain an economic underclass; it hurts the nation because the