Dr. Claud Anderson's PowerNomics uses specific statistics to illustrate the economic and social predicament of Black Americans, attributing these disparities to historical and systemic racism.
Key Statistics Cited in PowerNomics
Based on information related to Dr. Anderson's work and interviews, he has highlighted the following concrete numbers to underscore the need for his empowerment plan:
Ownership of Resources: Black people in America are cited as controlling less than one percent (1%) of the nation's businesses and owning less than one-half of one percent (0.5%) of anything of value. Anderson argues that to be competitive, Black Americans—who make up around 12-13% of the U.S. population—should own at least a proportional 12% of everything that exists.
Economic Dependency: Black Americans are often described as being zero producers and 100 percent consumers, meaning they are totally dependent on non-Black competitors for the daily necessities of life. This leads to a constant drainage of resources from Black communities.
Incarceration and Productivity: In a significant older data point (cited around 2008 in relation to his institute), it was noted that 40% of Black men between the ages of 18–35 (the most productive years) were either in prison, on probation, or on parole.
Political Representation vs. Group Benefit: While the number of Black elected officials increased by 9,000 percent from 1960 (when there were 103) to a later period (over 9,500), Anderson argues that the quality of life for Black people as a group has deteriorated, indicating a lack of quid pro quo benefits for the community's monolithic political support.
Geographic Concentration: Approximately 75% of all Black Americans live in and around 10 large metropolitan areas that are described as socio-economically devastated.
PowerNomics Core Principles
The central plan put forth in PowerNomics is a framework for Black America to become a self-sufficient and competitive group by creating its own racial monopolies to counter those held by the dominant society. The main action steps revolve around redesigning core areas of life:
Economics (Group Economics): Establishing a unique economic structure, including pooling resources and industrializing Black communities. This involves securing control over industries and enterprises that predominantly serve the Black community and fostering interlinked Black-owned businesses.
Politics (Group Politics): Shifting from passive civil rights advocacy to a strategy that leverages the collective Black voting bloc to demand and secure group benefits. This includes acting as a political majority in cities where Black people are the largest group.
Culture: Promoting a new culture of empowerment, self-respect, and cooperative values to foster group solidarity and replace a Eurocentric framework with one focused on Black autonomy.
Education: Revamping education to emphasize vocational growth, business development, and the principles of PowerNomics to prepare the group for economic competition.





