Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire
  • omnibus

Counter Corporate Schemes with Community Planning
Bill Quigley
29 Oct 2008
🖨️ Print Article

The demise or ill health of U.S. investment banks has deprived finance capital of its  headquarters sector, the evil geniuses who hatch long range schemes for ethnic cleansing of the nation's cities. Now, more than ever, "progressives must become city planners, and in the process of devising these plans forge unity among the various contesting communities that comprise the city."  Community empowerment begins with community planning. "The void left by finance capital's catastrophe demands that the Left - most particularly, the Black, urban left - make sense of the chaos and stench left by wounded and dying corporate elephants."

Counter Corporate Schemes with Community Planning

by BAR executive editor Glen Ford

"Tenant and community forces must ‘seize the time' to devise their own plans for rational ways of living."

The breathtaking statistics on paper wealth suddenly extinguished and once mighty bastions of capital laid low, do not begin to describe the economic meltdown's effect on finance capital's ability to rule the rest of us. It is not merely that giants such as Lehman Brothers, Bear Stearns and others have been swept into the historical dustbin, as if by a righteous, wrathful storm. The demise of investment banking as a central tool of capitalist planning means the rich have at least temporarily lost the ability to remake the cities as they see fit. While some gentrification projects are on hold, due to the death or ill health of the investment bankers at the heart of most "Black removal" schemes, tenant and community forces must "seize the time" to devise their own plans for rational ways of living in post-meltdown urban America.

Progressives must become city planners, and in the process of devising these plans forge unity among the various contesting communities that comprise the city. Corporations have always dominated the mechanisms of urban planning, not just through bribery and subversion of all potential opposition, but because capital always has a plan. It is the giant investment banking firms that provided the generalship, the strategic and tactical headquarters, for most of the grand schemes to purge the Harlems of America of non-white working class populations. Before residents and community organizations have any inkling they are about to be exiled from their neighborhoods, corporate planners have already researched every aspect of the targeted area, rationalized the new corporate project's impact on conditions (and profits) elsewhere in the city and region, drawn up enabling zoning and other laws and regulations to legalize the theft, and enlisted local non-white allies to run political interference.

The investment bankers, the generals of finance capitalism, had their Waterloo in September, victims of fundamental contradictions made more explosively lethal by greedy genius. At the moment, the "system" has no command center - the strategic function of investment bankers, now dead, dying, or on "capital injection" support. Disoriented, capital's various sectors behave like chickens with their heads cut off - because that is almost literally what has happened.  If there is any juncture in history for progressives to formulate their own "development" plans, it is now, while the beast lies crippled and incoherent.

"At the moment, the system has no command center - the strategic function of investment bankers, now dead, dying, or on ‘capital injection' support."

In New York's Harlem, epicenter of the national corporate vision to remake the cities without their existing populations - the New Orleans exodus without the flood - finance capital's darker political vassals are experiencing their own crisis. Sugar daddies like Lehman Brothers and Wachovia Bank were great sources of bribes, and gave critical support to dependent social service and cultural outfits, as sweeteners for their toxic scheme to reap billions from the methodical expulsion of Black and brown residents. While working class folks should be savoring a reprieve from exile - dancing at the Wall Street wakes! - the bankers' Black and brown political dependents mourn the "tragic" loss of "their" fat cats. It is a pitiful sight, like house servants tearfully burying the "good" master who only sold off the field slaves.

The "crash" - of which we have seen only the beginning - is more than an opportunity for progressives and popular forces to seize the initiative in planning the nuts and bolts of a new dispensation. The void left by finance capital's catastrophe demands that the Left - most particularly, the Black, urban left - make sense of the chaos and stench left by wounded and dying corporate elephants. The banker-bought ghetto politicians and poseurs are now at their weakest, cut off from their sources of funds and ghetto fabulousness. With the corporate trickle-down dried up, these masterless samurai lose their reasons for existence. Progressive organizers are obligated to step into the vacuum while the bamboozlers are still reeling and scratching, to provide explanations (analysis) of what has occurred and introduce the process of democratic, informed, inclusive community planning - the indispensable first step toward community empowerment.

The discipline of city planning forces various organizers from diverse ethnic backgrounds to find rational solutions to common problems. Personalities and prejudices diminish as obstacles when people are compelled to tackle the complex, material problems of making neighborhoods and cities work for the folks who live there. During a discussion of the "Wall Street Bust and the End of the NYC Real Estate Boom" at the City University of New York (CUNY) Social Forum earlier this month, a young Chinese American organizer recounted how she and her colleagues debated how to resist corporate efforts to gentrify Chinatown. "Some said, ‘We need to unite as Asians...I don't care about the Latinos or the Blacks,'" said the activist. Her organization chose "the alternative, to unite as working people to fight this racism."

"Community planning is the indispensable first step toward community empowerment."

Unity around principle is always easier when the practical tasks at hand demand common action. The systemic demise of the investment banking mechanism of urban gentrification requires the various affected communities to engage their constituents in a common project of community planning - to show what alternative development looks like, and how people can be tangibly served. If this cannot be accomplished now, when the corporations are in confusion and disarray, then it can never be done.

But of course, it can and will happen, because the moment demands it. People cannot forever tolerate living under constant threat of removal. Corporate gentrification requires the deployment of what Harlem Tenants Council executive director Nellie Hester Bailey calls "weapons of mass displacement" in the form of zoning laws and abuse of eminent domain. Organizers must counter such corporate weapons with inclusive community planning that excites and involves the people so that they combine as an even more powerful weapon: communities in defense of themselves and each other.

But there's gotta be a plan.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio August 1, 2025
    01 Aug 2025
    In this week’s segment, we discuss football, why it isn’t popular in the US, how it can be, sports as consciousness raising, and the nation of Brazil and its Black population. But first, we have the…
  • Erica Huggins
    Black Agenda Radio with Margaret Kimberley
    Black Panther Woman: The Political and Spiritual Life of Ericka Huggins
    01 Aug 2025
    Mary Frances Phillips is an associate professor of African American Studies at the University of Illinois, Champaign-Urbana. She joins us from Detroit to discuss her biography of Ericka Huggins, "…
  • Map of soccer games
    Black Agenda Radio with Margaret Kimberley
    Sports, Political Education, and Football in the U.S.
    01 Aug 2025
    Robert Wilson is a U.S.-born philosopher who has lived in Brazil for many years. He is the author of “The Football Manifesto and Club Handbook: Bringing the Beautiful Game to the People and Making…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Obama Colluded with the Surveillance State Against Trump
    30 Jul 2025
    It is true that Barack Obama used the surveillance state apparatus in an effort to undermine the first Donald Trump administration with the Russiagate fraud.
  • Editors, The Black Agenda Review
    EDITORIAL: Centenary of Negro Emancipation, Marcus Garvey, 1934
    30 Jul 2025
    “When the American and West Indian Negroes get to know their history…they will have a greater love for the African through whom they have sprung.”
  • Load More
Subscribe
connect with us
about us
contact us