E. Franklin Frazier, The Black Bourgeoisie (1955), p. 236
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When the opportunity has been present, the black bourgeoisie has exploited the Negro masses as ruthlessly as have whites. As the intellectual leaders in the Negro community, they have never dared think beyond a narrow, opportunistic philosophy that provided a rationalization for their own advantages.

— E. Franklin Frazier on Black capitalism

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "When the opportunity has been present, the black bourgeoisie has exploited the Negro masses as ruthlessly as have whites. As the intellectual leaders in the Negro community, they have never dared think beyond a narrow, opportunistic philosophy that provided a rationalization for their own advantages." in the context of "E. Franklin Frazier, The Black Bourgeoisie (1955), p. 236" to mean that wisdom is timeless.

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Source: Wikiquote: "Black capitalism" (Quotes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
E. Franklin Frazier

About E. Franklin Frazier

Edward Franklin Frazier (September 24, 1894 – May 17, 1962) was an American sociologist and author.