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Risk or no risk, this informal way of saving is a staple among America’s black immigrant communities and is widely considered a viable means to an end.

This is not about making a new script or vocabulary. It is about contextual and transcontextual shifts. Ecologies move in inter-relational ways — Bateson said this 80 years ago, and his father, William Bateson, said it in 1888. Indigenous cultures have been saying this for thousands of years.

Sou-sou is a centuries-old practice that originated in West Africa. It gets it’s name from the Yoruban term “esusu” which refers to a fund where several people pool their money. The word is said to be derived from the French word “sou” which means a coin of little value.

"Money isn’t perfect. It has changed throughout history; it’s a technology that can be improved. In the modern era, it is failing us because it’s too universal. It draws our attention away from the communities that are the real sources of our wealth."

If we are able to see capitalism with one eye and socialism with the other, then when we open both eyes we will see a truer picture of reality: that every economy in the world is a mixture of the two intellectual traditions. When we drive our car on the highway, the market gave us the car and the state gave us the road. We can live in two realities... See more