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Financing Black Progress: On a Marshall Plan for the “Abandoned,” Self-Reliance, and “Pooling Our Resources” Via a Transformational National Fund

In his book, Disintegration: The Splintering of Black America, Washington Post columnist and MSNBC commentator Eugene Robinson (winner of the 2009 Pulitzer Prize for Commentary) exhorts that “our most urgent priority should be an all-out assault on the stubborn, self-perpetuating poverty and dysfunction” of the segment of Black America he dubs the “large, Abandoned minority with less hope of escaping poverty and dysfunction than at any time since Reconstruction’s crushing end.”

Of course, approaches and strategies for addressing this challenge must span several interrelated areas: financing (public and private), entrepreneurship, wealth-building, job creation, education, job training, politics and policy, racial disparities, societal and cultural trends, etc.

Robinson proposes in his book a publicly financed “Marshall Plan for the Abandoned” (MPA) that would involve “massive intervention in education, public safety, health, and other aspects of life, with the aim being to arrest the downward spiral.”

Even at the time he proposed it – the book was published in October 2010 when the political environment was relatively less toxic (before the November 2010 elections, the subsequent budget and debt ceiling debacles, and the nasty and racially charged political environment that ensued thereafter) – Robinson acknowledged that the MPA “will be expensive, and politically it will be a hard sell.” Nonetheless, he argued then that the MPA could be politically feasible: Continue reading