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| FIGURE 1 |
FIGURE 2 |
While the proposed “CityEast” community (bordered by 55TH Avenue east to the Oakland-San Leandro border) is majority Black, the community is like most of Oakland, diverse in population (Click on Figure 1). There is also a great deal of diversity in business ownership in the proposed CityEast community (Click on Figure 2).
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In light of the above it is critical that a concept referred to as”Inclusive Community economics” is practiced in the proposed CityEast community in order to “Keep the Dollar ion the Community. Under this concept business would collectively offer a diverse line of goods and services as required by a diverse consumer population and each business in the community would commit to deposit daily cash receipts in the community for recirculation and wealth building. In addition businesses would commit to hiring proportionately from within the community.
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| The City East community’s Black business group which represents the community’s majority Black population must step up, take charge and work with all businesses in the community in the spirit of “Inclusive Community Economics” and lead the community to economic prosperity. However research statistics show that there is a serious deficit when it comes to |
| Average Annual Sales and Receipts for Oakland’s Black owned businesses compared to other merchant groups in Oakland (Click on Figure 3). This graphical illustration supports the assertion that Oakland’s Black owned are faced with a serious deficit that must be overcome if they are to lead the community to economic success. Clearly the CityEast Black business group is presently ill equipped to do this. Therefore, some degree of |
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| FIGURE 3 |
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“Devoted Assistance” to strengthen the community’s Black business group would be justifiable short of isolating other business groups in the community.
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In summary, there is likely no single-race community in America in 2005. Thus, community for the proposed “CityEast” community must be defined as everyone, everything and every dollar within the community’s border. Considering the level of diversity among residents and business owners in the proposed “CityEast” community it would be virtually impossible to realize successful community economic in the community unless the inclusive concept called “Inclusive Community Economics” is practiced in every aspect and through out the community.
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