This entry provides a definition of Black social economy from the perspective of social and soldiarity economy (SSE). In countries around the world, Black men and women have pooled their financial resources for their economic gain. More importantly, these individuals cooperate in social and solidarity economic efforts because of the discrimination they experience in the economic, political, and social spheres. Therefore, the Black social economy allows Black men and women to rebel against oppressive economic systems in the countries where they reside. By engaging in SSE efforts like Rotating Savings and Credit Associations (ROSCAs) and money pools, Black people, who often live in impoverished conditions, gain an enhanced sense of self-determination and self-pride.
Blain, Keisha N. 2021. Until I Am Free: Fannie Lou Hamer's Enduring Message to America. Boston, MA: Beacon Press.
Gordon Nembhard, Jessica. 2014. Collective Courage: A History of African American Cooperative Economic Thought and Practice. University Park, PA: Penn State University Press.
Haynes, Curtis, and Jessica Gordon Nembhard. 1999. 'Cooperative Economics: A Community Revitalization Strategy'. Review of Black Political Economy 27 (1): 47–71. https://doi.org/10.1007/s12114-999-1004-5.
Hossein, Caroline Shenaz. 2013. 'The Black Social Economy: Perseverance of Banker Ladies in the Slums'. Annals of Public and Cooperative Economics 84 (4): 423‚Ä'42. https://doi.org/10.1111/apce.12022.
Hossein, Caroline Shenaz. 2016. Politicized Microfinance: Money, Power, and Violence in the Black Americas. Toronto: University of Toronto Press.
Hossein, Caroline Shenaz. 2018. The Black Social Economy in the Americas: Exploring Diverse Community-Based Alternative Markets. New York: Palgrave Macmillan.
Hossein, Caroline Shenaz. Forthcoming. The Banker Ladies. Toronto: University of Toronto Press.
Mills, Charles W. 1997. The Racial Contract. Ithaca, NY: Cornell University Press.
Robinson, Cedric W. 1983. Black Marxism: The Making of the Black Radical Tradition. Chapel Hill, NC: University of North Carolina Press.
Tauheed, Linwood F. 2008. 'Black Political Economy in the 21st Century: Exploring the Interface of Economics and Black Studies: Addressing the Challenge of Harold Cruse'. Journal of Black Studies 38 (5): 692‚Ä'730. https://doi.org/10.1177/0021934707310292.