“We had to create jobs”: The OIC-Progress Movement and Community Capitalism
“We had to create jobs”: The OIC-Progress Movement and Community Capitalism
This chapter discusses the history of the Opportunities Industrialization Centers (OIC)-Progress Movement and community capitalism in Philadelphia, describing how the emergence of black capitalism together with serious management problems created by the rapid expansion of the 1960s and 1970s left the movement in a dramatically weakened position. It suggests that the problem of the OIC-Progress Movement was the lack of either a similarly committed national liberal state or a closely coordinated set of comprehensive local economic policies.
Keywords: OIC-Progress Movement, community capitalism, Philadelphia, black capitalism, management problems, national liberal state, local economic policies
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