Beyond the Business: Social and Cultural aspects of the Atlanta Life Insurance Company (original) (raw)

Black Entrepreneurship: Contradictions, Class, and Capitalism

Journal of Business Anthropology 3(1): 79-108, Spring , 2014

This article examines philosophical contradictions faced by black business owners who benefited from racial segregation, yet were often active participants in the civil rights movement. The research provides a critical analysis of the Atlanta Life Insurance Company, examining and revealing conflicting ideas of class and color during Jim Crow, as well as the contradictions of gender, the company’s program to “uplift” the community, and hierarchies within the company. This case provides a unique perspective for examining black entrepreneurship, its history, and complexity in the African American community.

The Rise of Black Wall Street

Case Study, 2024

The rise of Black Wall Street in Greenwood, Tulsa, Oklahoma, during the early 20th century represents a powerful narrative of African American resilience, innovation, and economic empowerment. This paper examines the historical context that led to Greenwood’s emergence as a thriving Black economic and cultural hub, driven by entrepreneurship, education, and community solidarity. Key figures such as O.W. Gurley, J.B. Stradford, and institutions like the Mount Zion Baptist Church and Booker T. Washington High School played pivotal roles in Greenwood’s development. The district’s success was anchored in cooperative economics, the circulation of wealth within the community, and a shared commitment to education and mutual support. However, the Tulsa Race Massacre of 1921 devastated Black Wall Street, destroying lives, businesses, and decades of progress. Despite this tragedy, Greenwood’s legacy offers enduring lessons for modern efforts toward Black economic empowerment. By prioritizing self-reliance, education, entrepreneurship, and the preservation of Black history, today’s communities can draw inspiration from Greenwood’s achievements to address systemic economic disparities and foster collective progress.

The Family Factor: Earl G. Graves Sr.’s Legacy as Publisher of Black Enterprise

Journal of Magazine Media

While much has been written about Ebony, Essence, and other Blackoriented publications, little has been established on the Black family as depicted in the business-oriented publication Black Enterprise, which has been in operation for more than a half century. Tenets of sustainable family business theory are useful in understanding the ideas and innovations of Earl G. Graves Sr., who founded Black Enterprise magazine and transformed it into one of the nation's top Blackowned and Black-operated media companies. This study focuses on twenty-eight of Graves's Publisher's Page columns printed between 1970 and 2015 that showcase the role of the Black family, particularly in the development of successful business enterprises.

Black Progress through Business Improvement: Two Articles by Joseph R. Houchins, 1900–1989

The Review of Black Political Economy, 2017

In the spirit of further expanding the heretofore unsung contributions of African American economists, we present two unpublished works from the 1930s of Joseph Roosevelt Houchins. They focus on Black business development and strategy. Biographical information and historical context for Houchins's life experiences during the twentieth century are included in an introduction. Houchins was a member of President Franklin Roosevelt's Black Cabinet, a leader of the Division of Negro Affairs in the U.S. Department of Commerce, and a chair and professor of economics at Howard University. These two writings reflect a strategic effort to strengthen the efficiency and impact of Black business as an engine of Black progress. The first document presented here analyzes the high failure rate of Black-owned insurance companies, a mainstay of Black business especially in the 1920s and 30s. Houchins determined that their failure was due to several factors: lack of business knowledge; lack of...

Legitimizing black businesses: three examples from the Civil War to civil rights

Journal of Management History, 2020

Purpose-In "Reinventing Entrepreneurial History," Wadhwani and Lubinski (2017) encourage the study of legitimacy, the sense that a new organization or venture "belongs" to, or fits within, the social construct of its time. Design/methodology/approach-To this end, this query will consider methods used in the period between the Civil War and the Civil Rights Movement to show legitimacy in black economic endeavors. Three Atlanta entrepreneurs' efforts will be used as demonstrative examples. Findings-The overarching aim of this investigation of economic legitimization is to give practical examples of three distinct strategies in play: endorsement, authorization and storytelling. In addition, a fourth external actor, social organizations, that exists outside of the realms of media, government and law as noted by Bitektine and Haack (2015) is illustrated to grant validity within the black community. Also, the storytelling strategy is used to illustrate promoters, actors pushing legitimacy to benefit the community at large. Originality/value-Arguably the search for economic and collective legitimacy within black businesses is not confined to the past. Stated in another way, black businesses still fight for legitimacy, and future research should be undertaken to show the similarities and differences in the two aforementioned periods.

Lending a Hand: How Small Black Businesses Supported the Civil Rights Movement

SSRN Electronic Journal

A large literature has detailed the seminal roles played in the Civil Rights Movement by activists, new political organizations, churches, and philanthropies. But black-owned businesses also provided a behind-the-scenes foundation for the movement's success. Many black-owned businesses operated across the South because they provided goods and services to black customers who could not attain them from white businesses because of segregation. These small business owners very often played roles in civic matters that their counterparts in larger firms did not. Their civic participation and support contributed far more to the potential for political progress than scholars have recognized. Some accounts of the Montgomery Bus Boycott, for example, underestimate the significance of the role played by Montgomery's community of black-owned businesses, from taxis to pharmacies. Examples from the Civil Rights Movement in Mississippi also illustrate the importance of local small businesses: black business owners were on the front lines, resisting strong pressures from the white community. This paper analyzes these episodes and places them in the context of black-owned businesses in the United States in the 1950s and 1960s, albeit descriptively given the unevenness and unavailability of standardized