Beautiful Virgin Islands

Tuesday, Nov 11, 2025

A mosaic of Marcus Garvey and one of his famous quotations are displayed in the courtyard of Liberty Hall in downtown Kingston, Jamaica on September 11, 2012 [File: AP/David McFadden]

Black lives will not matter until the economy does

It is time to drop the Western exploitative neoliberal model and build a pan-African prosocial collaborative economy.

In the wake of George Floyd's killing by police officers in the United States and the global movement for Black lives, there has been a resounding call to re-examine the relationship between society and state, particularly its use of violence. Yet a meaningful conversation is lacking in relation to one aspect of this failing social contract - the innate structural violence of our current global economic system.

A closer look at African American history provides us an important lead that could help us start this conversation: the life and work of the Honourable Marcus Mosiah Garvey.

Born to a maid and stoneworker in 1887, Garvey grew up in an impoverished community in rural Jamaica. In 1905, he migrated to Kingston, the island nation's capital, where he became involved in trade unionism and political activism after witnessing the struggles of the labouring class.

Drawn to the anti-colonial thinking he encountered by joining the then-National Club of Jamaica, Garvey became an autodidact by nature. His thirst for knowledge would lead him to journey across Central America and live in London from 1912 to 1914 in a quest to understand the global Black condition.

Upon his return to Jamaica in 1914, he founded the United Negro Improvement Association (UNIA), with the aim of fostering international unity among peoples of African origin on the premise of economic self-sufficiency. Garvey was a pioneer who epitomised both the enterprising spirit and collective self-determination of Black people across the world. The aspirations of his movement, alongside the lessons from its failures and successes, frame an important discussion around the nature of systemic outcomes.

"The Negro is perishing because he has no economic system," he famously said in his 1937 collection of 22 philosophical lessons, which he called Message to the People: The Course of African Philosophy.

In this same work, Garvey demonstrates that he understood perfectly well the necessity of designing an economic system that serves the needs of African people globally. Further along, he observed the consequences of systemic economic exclusion and its propensity to reproduce the conditions that ensure the continuation of systemic deprivation - a cycle he deemed impossible to break without the removal of poverty. In Garvey's opinion, nationalism that hinged on individual advancement alone becomes fundamentally corrupt and unsustainable.

By advocating that "wealth is power, wealth is justice, wealth is real human rights", he sought to spur community development by promoting a collective decision-making and profit-sharing model that advances the interests of Black people in America and beyond.

In Garvey's 1921 recorded UNIA speech, the Explanation of the Objects of the Universal Negro Improvement Association, he asserted the idea that Black communities needed to develop an ideology and an economic modus operandi that would lead to their economic development. He was not speaking of merely duplicating capitalistic ideas, but of the creation of an innovative economic "African commonwealth" where Black people could maximise their collective interests and be recognised as equals. Political and social objectives were secondary to this entrepreneurial mission, as his philosophical works later affirmed that economic achievement is the primary determining factor of societal power dynamics.

Garvey's teachings invoke a deep reflection - namely, in order to deconstruct the inner workings of an economic system, we ought to first determine what it aims to accomplish.

First-principles reasoning around this matter necessarily urges us to question what the primary function of an economy is, and who or what it serves? The word "economy" itself can be traced back to the Greek word oikonomos, meaning "household manager". In other words, its etymology implies the deliberate management of available resources so that our common household (i.e., people and planet) can not only survive, but prosper.

Economics is our value system codified as equations that determine how much value we assign one thing relative to another. Accordingly, this determines what we are incentivised to do and what we confer power to. If an economy seeks to transform society, it is imperative that we infuse our values into it so that it accounts for our wellbeing. How a community, country or region chooses to measure its economic wellbeing shapes how priorities are set and how resources are allocated. We should then agree that at a bare minimum, the components that form an economy's genetic composition ought to positively encourage human and planetary wellbeing.

The embedded growth obligation of our present-day market economy generates an untenable paradox: It permeates and commodifies everything by incessantly pursuing profit and constant growth. It requires marketing and advertising to spawn mass zombification in favour of never-ending debt and cyclical consumption. It exterminates economic efficiency and generates copious amounts of waste through planned obsolescence and suboptimal design.

It suppresses the efficiencies and productivity of collaboration by treating ideas and information as proprietary (i.e. intellectual property), resulting in waste through unnecessary intellectual repetition. It preserves a general condition of scarcity and short-term gains premised entirely upon the need for real or assumed deficiency. It deliberately withholds social efficiency by poorly harnessing accelerating technological progress and automation, not for the benefit of liberating human beings from drudgery and scarcity, but rather, to drive further economic insecurity through technological unemployment and meaningless jobs.

Quite predictably, all of the above-mentioned circumstances have resulted in a noxious state of planetary imbalance that is fuelling socioeconomic inequality, poverty, exploitation, mental health issues, antisocial behaviours, habitat destruction, pollution, ecocide and biodiversity loss, among other negative externalities.

The market system of economics is made to allocate capital to the most profitable endeavours, not the ones that are most socially beneficial. This is most evident across the innumerable social institutions, banking establishments, political groups, media organisations, scientific bodies, health authorities, military, pharmaceutical and agricultural industries, etc, that have either been seized or compromised by market actors seeking asymmetric advantage.

The inefficiencies created by humans vying for positions of power in this losing game pose an existential threat. Market capitalism has outlived its evolutionary purpose and has degenerated into a malignant cancer.

An economy that is not intrinsically linked to human and environmental needs, while powered by chronic debt and consumerism, is not an economy at all. If anything, it is patently anti-economic.

In Garvey's time and today, what we have commonly understood to be the economy is, in effect, a fraudulent paradigm masquerading as an axiom of economic value. And Western civilisation has constructed and disseminated a monumental edifice of theory to assert its dominance based on this destructive model of market capitalism.

The basis of this thinking must move African economic development away from a Western-inspired exploitative ethos to an African-inspired collaborative ethos.

Followers of Garvey's teachings must, therefore, prioritise dismantling the neoliberal political paradigm at the centre of their economic organising programme for African liberation. They must strive to transcend the market's crude and reductionist "supply, demand and price" dynamics. Properly embracing the tools of modern technological capacity provides a solution to better interweave, measure and account for the humanitarian values we deem socially desirable in a new economic system.

These elements require deep cooperation in order to outcompete the very concept of competition itself, by creating a prosocial environment where the benefits of generosity, sharing and transparency must outweigh the profit of non-cooperation at all times - while simultaneously rendering it antifragile in order to endure any exogenous sabotaging forces on this new system.

Rethinking economic development and pan-African solidarity in new terms will require exceptional leadership and tremendous courage. Only by ending economic mismanagement can true efficiency and abundance flourish. The people who are best positioned to transform the world's destructive systems and structures into something more humane and secure are particularly those who have been most betrayed by the existing systems. Those who are in the greatest danger of perpetuating old system patterns are the ones who have most profited from them.

From the perspective of historical significance, Garvey proved to be the spark that reignited African dignity through collective endeavour. While he was never afforded the opportunity to fully realise his entrepreneurial aspirations, he provided a blueprint for developing collective entrepreneurial ventures.

His legacy is that of a pragmatic introduction to the promise of pan-African principles and courage - a legacy that must now be carried forward by young innovators across the African continent and her global diaspora.

Now more than ever, humanity needs a century driven by exemplary pan-African leadership that is not fearful of transforming societies and communities into a superorganism of cooperation. All power is weak unless united, let us not shy away from our own divine potential - for no one will save us but us.



* Fabien Anthony is an accomplished tech entrepreneur and current Chairman of the Pan-African Council.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK and Germany Sound Alarm on Russian-Satellite Threat to Critical Infrastructure
Former Prince Andrew Faces U.S. Congressional Request for Testimony Amid Brexit of Royal Title
BBC Director-General Tim Davie and News CEO Deborah Turness Resign Amid Editing Controversy
Tom Cruise Arrives by Helicopter at UK Scientology Fundraiser Amid Local Protests
Prince Andrew and Sarah Ferguson Face Fresh UK Probes Amid Royal Fallout
Mothers Link Teen Suicides to AI Chatbots in Growing Legal Battle
UK Government to Mirror Denmark’s Tough Immigration Framework in Major Policy Shift
UK Government Turns to Denmark-Style Immigration Reforms to Overhaul Border Rules
UK Chancellor Warned Against Cutting Insulation Funding as Budget Looms
UK Tenant Complaints Hit Record Levels as Rental Sector Faces Mounting Pressure
Apple to Pay Google About One Billion Dollars Annually for Gemini AI to Power Next-Generation Siri
UK Signals Major Shift as Nuclear Arms Race Looms
BBC’s « Celebrity Traitors UK » Finale Breaks Records with 11.1 Million Viewers
UK Spy Case Collapse Highlights Implications for UK-Taiwan Strategic Alignment
On the Road to the Oscars? Meghan Markle to Star in a New Film
A Vote Worth a Trillion Dollars: Elon Musk’s Defining Day
AI Researchers Claim Human-Level General Intelligence Is Already Here
President Donald Trump Challenges Nigeria with Military Options Over Alleged Christian Killings
Nancy Pelosi Finally Announces She Will Not Seek Re-Election, Signalling End of Long Congressional Career
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
UK Report Backs Generational Smoking Ban Ahead of Tobacco & Vapes Bill Review
UK’s Domino’s Pizza Group Reports Modest Like-for-Like Sales Growth in Q3
UK Supplies Additional Storm Shadow Missiles to Ukraine as Trump Alleges Russian Underground Nuclear Tests
High-Profile Broodmare Puca Sells for Five Million Dollars at Fasig-Tipton ‘Night of the Stars’
Wilt Chamberlain’s One-of-a-Kind ‘Searcher 1’ Supercar Heads to Auction
Erling Haaland’s Remarkable Run: 13 Premier League Goals in 10 Matches and Eyes on History
UK Labour Peer Warns of Emerging ‘Constituency for Hating Jews’ in Britain
UK Home Secretary Admits Loss of Border Control, Warns Public Trust at Risk
President Trump Expresses Sympathy for UK Royal Family After Title Stripping of Prince Andrew
Former Prince Andrew to Lose His Last Military Title as King Charles Moves to End His Public Role
King Charles Relocates Andrew to Sandringham Estate and Strips Titles Amid Epstein Fallout
Two Arrested After Mass Stabbing on UK Train Leaves Ten Hospitalised
Glamour UK Says ‘Stay Mad Jo x’ After Really Big Rowling Backlash
Former Prince Prince Andrew Faces Possible U.S. Congressional Appearance Over Jeffrey Epstein Inquiry
×