The Jordan B. Peterson Podcast 271. How Black Lives Truly Matter | Magatte Wade
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Jul 18, 2022 Magatte Wade, a serial entrepreneur and founder of SkinIsSkin.com, passionately advocates for economic freedom in Africa. She shares her journey from Senegal to Europe, shedding light on the challenges of emigration and cultural identity. Wade discusses how trust and inclusion are vital for entrepreneurship, while critiquing regulatory barriers in Africa. The conversation explores the intersection of race, capitalism, and environmentalism, emphasizing the need for policies that uplift Black communities and address poverty through economic empowerment.
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Early Life and Disparity Observation
- Magatte Wade's parents migrated from Senegal to Europe for better opportunities, leaving her with her grandmother.
- At age seven, she moved to Germany and was astonished by the difference in living standards, sparking a lifelong question about wealth disparity.
Debunking Poverty Myths
- Common explanations for African poverty like IQ, malnutrition, or lack of education are insufficient.
- The same individuals often thrive when given better environments, highlighting the importance of place over inherent limitations.
Silicon Valley Success and Moral Awakening
- Magatte Wade found success in Silicon Valley's entrepreneurial ecosystem.
- Despite personal achievements, she felt a moral obligation to address poverty in Africa.