The money drained from overworked and underpaid communities has created generations without the financial liberty to make choices needed to “make it in America.” As a result, the culture of money in these communities has shifted to one of scarcity instead of abundance. As an entrepreneur, thinking out of scarcity will always limit the success of your business.
Your financial freedom depends on your mindset and that is fully in your control. If you are feeling overwhelmed, depressed or stuck start with adjusting your mindset. Transitioning from a scarcity mindset to one of abundance turns your product or service into a value creation process.
Strategize In The New Economy
Weapons of math destruction are micromanaging our economy from advertising to prisons. These mathematical principles, such as statistics, are employed to validate your market in the early stages of a business or when making a pivot. However, the culture that has standardized these methods are inherently unethical. The men who were most influential on establishing modern day statistics were all proud eugenicists. So, is statistics racist?
Ethnomathematics is the study of the relationship between mathematics and culture. There are infinite numerical systems. However, the one that shapes your society is derived from social meanings. In The West, mathematics is a science “which draws necessary conclusion from logical evidence of fact demonstrated with the aid of numeric system.” In Igbo mathematics, the number systems have both common connotation and implied religious/spiritual meaning.
Counting systems are the basis on which other forms of science exists, including computer science. We are in the “New Economy”; in which technological innovations are the center of the hype. As the world becomes more automated so do its ugly habits. Joy Buolamwini is combating algorithmic bias in facial recognition.