William Reed Today is April 29th, 2017|Hudson Valley Press - More Than News |Bookmark HVPress!

January 6th, 2016

Can “Big” Government Save Black America?

William Reed
Just by its cover, Blacks may not see how utilitarian “Good Profits” can be, but the publication can provide them meaningful insights on successful capitalistic practices.  The outreach to Blacks centered on Black Enterprise magazine asking the nation’s fifth richest citizen: “What is the biggest misconception that people have about you?  The 80-year-old chairman and CEO of Koch Industries responded with: “That we’re trying to destroy democracy in this country, out of greed.”

Many Blacks view the Koch brothers with loathing because of their contrasting view of “the role of government.”  Most Blacks view government as the solution to society’s problems.  The ultimate capitalist, Charles Koch sees government as “undermining and suffocating the economy.”  In a myriad of interviews the elder Koch brother says “For most of this nation’s history, our country has been characterized by opportunity, upward mobility and personal freedom. But today, America is hurtling headlong in the opposite direction, away from a free society.  Koch’s view is that “the Democrats are taking us down the road to serfdom over the cliff at 100 miles an hour and the Republicans are going just 70” and says “I want to reverse the trajectory.”

While Koch’s book offers good business and management philosophy and practices, it suns afoul of Blacks’ ways of life.  Because too many of us see government as “omnipotent” it’s important that the majority of us to know “what the private sector is” and “what the public sector is” and understand the difference.  The private sector is usually composed of organizations that are privately owned and not part of the government. These usually includes corporations (both profit and non-profit) and partnerships.  For example, retail stores, credit unions, and local businesses operate in the private sector. The public sector is usually composed of organizations that are owned and operated by the government. This includes federal, provincial, state, or municipal governments.

While a multitude of Blacks endorse Congress and the White House raising the debt ceiling, Charles Koch doesn’t.  A major factor in the world economy, Charles Koch  is co-owner, chairman of the board, and chief executive officer of Koch Industries and one of the nation’s most politically influential billionaires.  Charles’ brother David H. Koch serves as the company’s Executive Vice President. Charles and David each own 42 percent of Koch Industries.

Big government is a term generally used by conservatives and libertarians to describe a government or public sector that they consider to be excessively large, corrupt and inefficient, or inappropriately involved in certain areas of public policy or the private sector.  Most everyone realizes there are differences between the economy’s public and private sectors, but most times, Blacks have been on one side and the Kochs on the other about the size of government, and responsibilities and functions assigned to it.

In interviews on “How to Save America,” Koch a Libertarian, warns that the U.S. is “headed for disaster” due to years of bad government policy implemented during the Bush and Obama administrations.   The Koch’s’ political philosophy upholds liberty as its principal objective, and seek to maximize autonomy and freedom of choice.  He laments the activities of the Federal Reserve, out of control government spending and counterproductive wars.” Koch also notes that the United States’ total debt and unfunded liabilities is likely over $100 trillion and “going up to the sky.”

Blacks accuse the Koch brothers and their political cronies for the 2013 government shutdown.   In his interviews Koch offers insights Blacks should be mindful of regarding America’s capitalistic system.  “In a free and fair society, the role of business is to provide products and services that make people’s lives better.”  Over the next presidential election cycle, Koch is trying to influence U.S. policy on everything from regulation to criminal justice.

Who can take issue with Koch when he raises questions about:  out of control, irresponsible spending by both parties taking us toward bankruptcy as a country and as a government?  Surely Koch should be supported in his priorities of criminal justice reform and eliminating barriers (such as occupational licensure) to low-income people starting businesses.

William Reed is publisher of “Who’s Who in Black Corporate America”

Copyright 2006-2016 The Hudson Valley Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

              Let Your Voice Be Heard ... Fill Out the Reader Response Form Below
Your name:
Your email:
Article Title:
Comment Text:

*Posts do not appear immediately


Are you planning a summer vacation this year?
Not sure



HEADLINES | Copyright © 2006-2016 Hudson Valley Press. All rights reserved. | Use of this site indicates your agreement to the Terms of Use and Privacy Policy for our Site. |