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Quote by Ishmael Reed

“Joel Chandler Harris, who created a multi billion dollar industry, everything from his books, to Disney's "Song of the South" based upon the Uncle Remus stories. He got his start by transcribing the stories of slave Informants. I'm sure that none them got a dime.”

Quote by Ishmael Reed

Author

Ishmael Reed is an American poet, novelist, and playwright. Known for his unique literary style and profound exploration of racial, class, and gender issues, Reed was born on February 22, 1938. more

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“Richard Price, who has made a fortune writing fake ghetto books, says he takes a cab into the ghetto, transcribes Black speech for a brief time and returns home. His fake ghetto books have bought him a townhouse in Gramercy Park and home on Staten Island.”

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“Stock ownership in the US is very highly concentrated. [Shareholder actions are] something, but it's like the old Communist Party in the USSR, it would be nice to see more protest inside the Communist Party but it's not democracy. It's not going to happen. [Shareholder actions] are a good step, but they're mostly symbolic.”

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“Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders.”

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“The first commitment is raise your salary. One of the ways to raise your salary sometimes is to have short-term profits but there are many other ways.”

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“Richard Price got a million dollar advance on one fake film book based on a paragraph outline and is able to seduce gullible White reviewers who know less about ghetto life than he. The New York Times has devoted more space to Price's tourist, ghetto writing than to any Black writer in history.”

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“CEOs pretty much pick the boards that give them salaries and bonuses. That's one of the reasons why the CEO-to-payment [ratio] has so sharply escalated in this country in contrast to Europe. (They're similar societies and it's bad enough there, but here we're in the stratosphere. ] There's no particular reason for it.”

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“Stakeholders - meaning workers and community - the CEO could just as well be responsible to them. This presupposes there ought to be management but why does there have to be management? Why not have the stakeholders run the industry?”

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“Constance L. Rice, co-director of the Los Angeles of the Advancement Project, told the Times that Seltzer might have been influenced by David Simon's fake ghetto series, "The Wire." It figures. Isn't this sexism? Isn't this a double standard? They're hard on this young woman for her fake ghetto book, yet praise these White guys for theirs. So there's a big market in downing Black men.”

“Worker ownership within a state capitalist, semi-market system is better than private ownership but it has inherent problems. Markets have well-known inherent inefficiencies. They're very destructive.”

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“The obvious one, in a market system, in a really functioning one, whoever's making the decisions doesn't pay attention to what are called externalities, effects on others. I sell you a car, if our eyes are open we'll make a good deal for ourselves but we're not asking how it's going to affect her [over there.] It will, there'll be more congestion, gas prices will go up, there will be environmental effects and that multiplies over the whole population. Well, that's very serious.”

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