TED Talks Daily You don't have to leave your neighborhood to live in a better one | Majora Carter
Sep 21, 2022
Majora Carter is an urban revitalizer and strategist focused on creating equitable economic growth in low-status neighborhoods. In this discussion, she argues that rather than leaving their communities, residents can revitalize them through innovative economic strategies. Carter critiques gentrification and emphasizes the need for local talent retention. She shares her success with initiatives like the Boogie Down grind, illustrating how community spaces can thrive when residents are engaged. Carter champions a restorative approach to capitalism for building resilient neighborhoods.
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Talent Retention for Neighborhoods
- Successful companies prioritize talent retention to foster growth and internal motivation.
- This same principle can be applied to build thriving neighborhoods.
South Bronx Story
- Majora Carter grew up in the South Bronx, a neighborhood often perceived as having a talent repulsion strategy.
- She now works as a real estate developer, using the South Bronx as her research and development lab.
Capitalism's Dual Nature
- US capitalism has historically supported both oppressive systems like slavery and positive initiatives like Black Wall Streets.
- The destruction of Black Wall Streets highlights the racial disparities in how capitalism is applied.