He [Du Bois] said in one of my favorite speeches that “we unwittingly stand at the crossroads—should we go the way of capitalism and try to become individually rich as capitalists, or should we go the way of cooperatives and economic cooperation where we and our whole community could be rich together?” He was afraid that we were choosing the wrong path – individualism.
Source: Black Co-ops Were A Method of Economic Survival | Grassroots Economic Organizing
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