Generational Wealth and Economics: Analysis

Today Afri cease American communities ar falling apart tremendously. Crime is rising children ar killing more than than they are working. Economics are lowering people tend to spend their m acey in other communities where businesses look more professional than that of their own, and families are fighting all over material things that do not guard value or substance. There is also a rise in welfare, section eight housing, abortion, credit visiting card and calling card charges, and layaway spending that keeps an individual in bondage bondage of his mind. I would like to suggest that there is a inadequacy of generational riches in the African-American community.The lack of generational wealth is a direct result of our knowledge of economics and earning economics. In order to understand the two, generational wealth and economics, you first-year have to go back to the beginning of quantify when perfection created the man and woman (Adam and Eve) and gave them their job descr iption. In the book of Genesis the first chapter and the 28th verse, God said, Be fruitful and multiply fill the earth and subdue it have dominion over the fish of the sea, over the birds of the air, and over all living thing that moves on the earth.And God also said, See, I have given you either herb that yields seed which is on the face of all the earth, and every tree whose fruit yields seed to you it shall be for food (Question about Quoting Bible). At this time God gave a charge to Adam and Eve giving them dominion. They were producers of the world. just now when they decided to mess up in the garden by eating the forbidden fruit, they went from being producers into being consumers. This is one of the problems today in the black community. bulge out of a lack of understanding of who we are and what our purpose is, we consume all things of others but rarely move into the understanding of producing our own. In this light, increasing the number of blacks in ownership positions appears to be an important prerequisite for ending black community unrest (McKersie pg 84). If blacks are upset because they lack control over the institutions of their community, because they are charged high prices for inferior merchandise, victimized by credit racketeers, and exploited by employers, then perhaps some would argue, greater black ownership will sponsor end this condition.If the black community lacks leadership and a stable middle class, then enlarging the number of black entrepreneurs may provide such leadership and cling to stability. If the problem is lack of racial confidence, the success of black capitalists would build pride. Today in the black community, crime is rising children are killing children and spending more money in the communities than their parents. There is an increasing number of males killing for what they think are respect. There is also a mindset on children that, it is better to kill, steal, and destroy, to grab what is gratifying to self .Children have become lazy. They have depended on the former generations to get things done rather than them. Today also, there is an increased number of welfare, section 8 housing, and abortion participants, which are considered to be popular in the community. This is nothing but bondage. Society has a way of keeping people focused on low issues and making them think that they are major. Welfare is not a major problem but rather one that is minor. The major problem today, which has always been a problem, is economics.Economics is a problem because many African Americans dont know what economics are and how to manage it. Out of ones lack of understanding the economical breakdown of society, he cannot teach his child about generational wealth. Generational wealth is what a family has accumulated over its lifetime on with those resources that have been inherited across generations. Generational wealth is not riches. When one is rich, they are materially electrical capacity for the moment but not necessarily content in their private lives. whizz who is just rich, will become a private failure but public success.In essence, riches are the successes of the world. On the other hand, wealth is generated through the family unit and is passed down generationally. In Proverbs 1322, it reads, a good man leaves an inheritance to his childrens children. In order for one to truly understand generational wealth, he must first understand economics and vice versa. Economics is the study of heart and wallet. Meaning, if you want to touch people, you have to reach them in their pockets. Matthew 621 states, For where your treasure is, there your heart will be also. Lets break down economics.The Greek meaning of the word echo means family. Therefore, economics is the study of the family management. This is so awesome that God decided to give us an assignment in His daily word. In Luke 1913, God says, do business until I return. He didnt just throw business in there for anyth ing. To do business until God return means, to occupy take dominion handle things in decency and in order to the word of God. Sad to say, but some people only understand economics when it comes to selling drugs.Young men and even some young women understand that you can buy large quantities of drugs at wholesale and make cabbage by way of retail. On the other hand, if you ask them to turn the television to the stock market channel and decipher the selective information run on the station, they cant even relate. So when do we come to an understanding that there is a world wide problem of the family unit that is affecting our economics? One of the major problems in the black community is that everyone is out for self. We have gained a mindset that everyone is supposed to work for his or her own impede and keep their stuff to themselves.Out of understanding who you are, you understand that the father is the one who formulate the vision, the son is the one who demonstrates the vision , while the grandson authenticates the vision. It takes the fortitude of a father to persevere through the wedge of formulation. It takes the zeal of a son to pay the cost of demonstration. It takes the integrity of a grandson to handle the glory of authentication. There are a lot of individuals who dont understand this so, therefore they operate trying to be the father, son, and grandson. This brings about the mindset of selfish thinking and single generational.Thinking selfishly and single families operate in false wisdom. For example, when most children turn 18, they are kicked out of the house and told by their parents that they are grown enough to make it on their own, but was never equipt to pay their bills and even maintain their payments. Therefore we have a generation that had already achieved their successes, forcing our children to grow up in a fast paced society that prefers self-gratification, without restraint. The family exists at the heart of every society No societ y has succeeded without it. But today we see a fraying of all connections that have defined our families.We are neglecting our children emotionally and educationally, marriage is increasingly unstable, we are slipping deeper and deeper into acceptance of violence, and we are absorbed into materialism and competitiveness. If we allow these trends to continue, there lie ahead, families that slip further into chaos. As you can see, we are living in a time where there is much help needed. It is time for African-Americans to wake up and take the dominion that God has given them. It is also, time out for just talking about the decay of the community but rather offer solutions to the problems of the community.Having been empowered to understand that true wealth and economics is generated through the family unit and is passed down generationally, one has the ability to empower another so that we can move forward to begin building our communities economically, emotionally, and physically. I pray that this potency will not inspire one but rather, transform one to make a change for the generations to come. Its just like Bishop says, Lack of information is ignorance but the inability to use information is stupidity. Therefore, those who are not prepared will not survive.