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Building the Black MetropolisAfrican American Entrepreneurship in Chicago$
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Robert E. Weems and Jason P. Chambers

Print publication date: 2017

Print ISBN-13: 9780252041426

Published to Illinois Scholarship Online: May 2018

DOI: 10.5622/illinois/9780252041426.001.0001

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PRINTED FROM ILLINOIS SCHOLARSHIP ONLINE (www.illinois.universitypressscholarship.com). (c) Copyright Illinois University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in ISO for personal use.date: 03 August 2021

Racial Desegregation and Black Chicago Business

Racial Desegregation and Black Chicago Business

The Case Studies of the Supreme Liberty Life Insurance Company and the Chicago Metropolitan Assurance Company

Chapter:
(p.234) Chapter 11 Racial Desegregation and Black Chicago Business
Source:
Building the Black Metropolis
Author(s):

Robert E. Weems Jr.

Publisher:
University of Illinois Press
DOI:10.5622/illinois/9780252041426.003.0012

Using Edward Franklin Frazier’s important 1947 essay “Human, All Too Human: How Some Negroes Have Developed Vested Interests in the System of Racial Segregation” as a reference point; this chapter examines how racial desegregation affected two black Chicago insurance companies, the Supreme Liberty Life Insurance Company and Chicago Metropolitan Assurance Company. Frazier predicted that if racial segregation were eliminated, it would ultimately result in the decline and disappearance of African American enterprises. As the evidence indicates, Professor Frazier proved to be a fairly accurate prophet in this regard. Some of the city’s long-standing African American firms, including the Supreme Liberty Life Insurance Company and the Chicago Metropolitan Assurance Company, have, indeed, been removed from the landscape of American business.

Keywords:   Racial Desegregation, Edward Franklin Frazier, Business Competition, Supreme Liberty Life Insurance Company, Chicago Metropolitan Assurance Company

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