PALMDALE, Calif.—Money is scarce, jobs are rare and business is not booming, so it’s time to get smart. An old practice in the Black community used to be cooperative economics, when everyone supported everyone else’s business and enterprise, and when families only bought from Black stores and ate at Black restaurants.
Calvin Kennedy, founder of Ausar Consulting, began his journey to reestablishing cooperative economics in 2001 when he began to recognize the viability of Black business.