Skip to main content

White Flight

                                         
This is a guest post by The Urban Blabbermouth. Comments are welcome!
~
I am currently reading one of the August issues of The Economist Magazine. I think that puts me some eight issues behind.  Anyway, the cover story inquired into the state of Civil Rights for Blacks in the US as part of the magazine's reflections on the fiftieth anniversary of the March On Washington lead by Dr. King.  In the story were some comments about more cities with Black mayors than ever before.  Got me to wondering why are there more Black mayors than there are Black CEOs.  By CEO, I mean the corporate leadership positions known as The C-Suites, i.e., the Chairman, the CEO, the CFO, the CIO, and so on.  Stumbled across some very interesting comments on the internet.
The most direct and simplest answer to the question of why there are more Black mayors than Black CEOs is that it takes very little to be a politician.  The barriers to entry for a politician are quite low while the barriers to entry for a CEO are quite high. To become a politician only requires one to simply declare a candidacy and get a few votes.  To actually succeed and get elected to political office is not a requirement. To become a CEO requires either born into the rich family who owns the company or go to Biz school, get an MBA, work up the corporate ladder, and actually make it to the CEO position. 
Another and possibly truer reason found out there on the internet as to why are there more Black mayors than there are Black CEOs -- White Flight.  The white folks have fled from political office, not because they are running from black politicians, but because political office has lost power.  Political power has fled from political office to become economic power in the CEO’s office.  White folks have ceded the less powerful political positions to the Black folks while keeping the superior economic power positions of the CEO’s office for themselves. 

Political power was once the counterbalance to corporate economic power.  No longer.  CEOs now influence elected officials by fundraisers.  CEOs now influence legislation via lobbyists.  CEOs now influence regulatory agencies by offering high- paying corporate jobs to the friendliest managers of the regulatory agencies when they leave public office.  To understand this phenomenon and why it works so well, consider that the CEOs control your job and thus control your income, your lifestyle, and your kids’ future.

As power shifts from political to economic, white folks have shifted from political office to the CEO’s office, leaving the cities to the Black mayors. It is scary. The power shift is one of the reasons why there is a lot of concern about income inequality these days. The Occupy Wall Street Movement, while no longer active, may just be the first sign of where this power shift is taking us.

Comments

Popular posts from this blog

A Subway Journey Home

by The Urban Blabbermouth. Comments are welcome! ~ There is a ritual to theNew York City subway system. Once there, you lose your humanity.  You are transformed into a savage, brutal and selfish automaton.  Savage in that you push and shove other riders out of your way to get into the subway car.  Brutal in that you never excuse yourself for any atrocities that you commit to get in the subway car.  Selfish in that you never give up your seat to anyone, no matter how crippled or old or pregnant they are.  Automaton in that you never look at any one else as a human being.

Now there are certain strategies that you can employ to be a successful subway rider.  You can stand by the door and obstruct the way just to be selfish and ornery.  That strategy is designed to increase your standing with your fellow passengers by impressing them with how vicious you can be pushing back at people trying to push into the car.  Whenever I see this strategy employed, I immediately piggy back on it.  I move …

Im gonna git u Sukkah

by The Urban Blabbermouth [who may or may not be shown in the photo above... - v-E] ~ True story. I am walking to my car and I notice a couple of Jewish fellows, twenty somethings, with the bouquets of what looks like bamboo or palm. I know they are Jewish for they look Hasidic. They are wearing long black jackets, wide brim black fedora hats, and have curly sideburns. In truth, I classify all Jewish who dress like this as Hasidic although they may identify themselves differently. They are standing near the corner canvassing passersby.

Encyclopedia Brown Bear

by The Urban Blabbermouth
~
At an age when other children decide to set up lemonade stands, Baby Bear decided to start a detective agency. His decision resulted from his experience in the Goldilocks home invasion. If you don't know this well-publicized crime case, Google Goldilocks and the Three Bears. Baby Bear wanted to become a policeman to help the other denizens of the Forest with their troubles and to maintain justice for all. Alas, the police did not accept children as applicants.

Baby Bear ran to his community library and borrowed the renowned guide, The Hardy Boys' Detective Handbook. Baby Bear spent the next twenty days, the library's lending period, studying the text. He chose the business name of "Encyclopedia Brown Bear Detective Agency" after his hero, Leroy "Encyclopedia” Brown. Baby Bear's dad hung the business sign across the garage door and opened a folding card table and four chairs in the entrance below.

On the first day, the Big Bad Wolf…