Abstract
This work interrogates the long-held assumption that captive Africans exited slavery exhibiting psychological damage that blocked their progress as free men, women and families. As a counter narrative to the deficit perspective on Black life, the literature on extreme poverty and fluctuating unemployment patterns are summarized to show how the importance of social class has too often been underestimated, and the assumed negative, psychological effects of slavery, overestimated. Post WWII economic trends of the 1940s and 1950s are highlighted. The contemporary political economy of Black people is shown to reveal a diunital, paradoxical pattern, with many educated Blacks having access to life among the elite or top 10%, while less educated Blacks are forced to live in extreme poverty that approximates a modern caste system. The Black experience with poverty, tracked from Emancipation up to the present, is best explained by economic rather than psychological causes and dynamics.
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