ujamaa
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10-Year-Old Wins Big on GameStop Shares His Mother Got Him for Kwanzaa
Here’s a heartwarming story that’s come out of the drama between hedge funds and retail traders (many of them from Reddit) who drove GameStop shares up in the stock market this week. The rise and fall and rise again of the stock price for GameStop (or GME) over the past couple of days sent everyone…
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Representing Black Businesses on Ujamaa, the Fourth Night of Kwanzaa
The fourth day of Kwanzaa represents Cooperative Economics and how we can come together to support Black businesses under one roof. Black marketplaces have been growing and become a collective space for people to display their work with other businesses and creators. Ujamaa embodies community and collective work while supporting Black businesses. africaboutik africaboutik.us is…
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Ujamaa That! Annual Kwanzaa Crawl Brings $250,000 to Black Businesses in Gentrifying Harlem and Brooklyn
Even us anti-capitalists recognize that economic freedom is power in the good ole US of A. And as it relates to Kwanzaa, on this fourth day, we celebrate Ujamaa (ooh-jaa-mah), meaning cooperative economics and also, “shared wealth and work”, “economic self-reliance” and “obligation of generosity.” Last year, we feted Richelieu Dennis, and in 2017, it…
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Dispatches From The Kwanzaa Kid: How the Grinch Stole Ujamaa
Here’s a lie you often hear: “I grew up in the hood. And because I was smart, all the cool kids and the gangstas bullied me and beat me up.” If you talk to anyone who ever knew me, none of them would describe me as cool. Even though I was the least intimidating person…
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Kwanzaa Shout: Richelieu Dennis, the ‘Essence’ of Cooperative Economics
Today—Dec. 29—the Kwanzaa principle celebrated is Ujamaa, or “cooperative economics,” and there was very little debate as to who personified the “essence” of this concept, simply defined as such: To build and maintain our own stores, shops, and other businesses and to profit from them together. Richelieu Dennis, founder of the and CEO of Sundial…
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Habari Gani?! Imani! The Black Women of Alabama Embodied Faith in 2017
Faith. George Michael crooned about it; black people in America somehow maintain it—even if it’s the size of a mustard seed—time and time again. Faith, or Imani, is the last principle of Kwanzaa, the weeklong black cultural holiday started more than half a century ago. This entire week, for each day of Kwanzaa, The Root shone…
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Habari Gani?! Ujamaa! Chance the Rapper Embodied Cooperative Economics in 2017
This year, for each day of Kwanzaa, The Root is highlighting one person from the community who exemplifies the principle of the day. On the fourth day of Kwanzaa, Dec. 29, the principle is Ujamaa, or “cooperative economics.” To practice Ujamaa is to build and maintain our own stores, shops and other businesses and to…



