Augusta National Golf Club: A Pacifier Not Empowerment For Women

By William A. Foster, IV

“Power only steps back in the face of more power.” – Malcolm X

APTOPIX Masters Golf

I always start with this example when discussing group power. Oprah Winfrey, who is roughly worth $2 billion, moves into a neighborhood of nine European Americans. Now for the sake of this example they could be Arab, Asian, Latino, or if you want to base it around gender with nine men and it would not change the dynamic and point. The neighborhood she moves into each household is worth $500 million and share the same fundamental and cultural values (social capital). Who has control of the neighborhood? Inevitably, because most people do not understand group dynamics and strategy they tend to assume Ms. Winfrey does. Let us examine why she does not from a SEP (social, economic, and political interest) point of view. Socially, she is the outsider who does not share the cultural or gender values of the group. This is not to say they have nothing in common but there are some fundamental differences that they differ on based on their social and cultural norms. Economically, from the outlook it seems as once again she is the winner. Wrong again, as the social values bind them it also binds their economics as a defense weapon against outsiders. In this case the nine households versus Ms. Winfrey equates to $4.5 billion against her $2 billion. Politically, it is pretty obvious to see she is at a loss. Any voting done on new neighborhood policies she would be outvoted 9-1 almost every time (see Supreme Court and party lines). This is not to imply these nine will always act in step. It is to say that the probability they do is highly increased in their favor and not in hers. Ultimately, that is what it is about. Ensuring the probability or odds are stacked in your favor for success whatever you deem that to be.

My views on Afrocentrism do not differ from my views on feminism. That is to say my view on any group that is seeking power will never gain the power it seeks if it is always seeking to force its way into institutions only to still be socially, economically, and politically outgunned as you saw in the example. Martha Burk would have you believe there was a victory in the admitting of two women at Augusta National Golf Club. I am going to examine the social, economic, and political realms as why I do not believe it is a victory and you can decide.

I have never believed in going anywhere I wasn’t wanted especially when I have the capacity to define where I want to go myself. The social implications of this situation didn’t empower women. It just re-validated that in order be of value you have to be where the men are. Are you still not giving the power to men? Yes, actually you are. If you wanted to impress upon the networking power that Augusta National Golf Club holds then these two women who were admitted would have said thank you but no thank you we can build our own. These women are going to socially be viewed as tokens that were admitted under public pressure and still will be social outsiders in the club. Just because you let someone in through the initial barrier does not mean you will not have different ways of excluding them. The beauty of protecting ones SEP interest is that as groups infringe on certain barriers you have created your strategy for creating new barriers evolves. I dare say the conversations that use to be had at the bar potentially now will only be had in the locker room. Are we to assume they will let the women in there as well? A more powerful statement would have been for young women to see those two women along with others in business form their own country club for women where they would be able to set the values of the club that promote the greatness of women in business and allow them to open networks with each other and discuss challenges as well as opportunities in industry amongst each other. To go even further would be a country club designed by a leading female architect, financed by a leading female banker, and anything else that would go into establishing of a place for women, built by women, and for women. What looks more powerful, two female members out of three hundred or three hundred out of three hundred and a foundation laid in every facet by women?

The economics of this admittance again we can examine the obvious. Dr. Condoleeza Rice is worth millions and Mrs. Darla Moore-Rainwater is worth based on her philanthropic donations in the hundreds of millions. Bill Gates and Warren Buffett who are members of Augusta are worth approximately a combined $100 billion. That’s just two of the two-hundred and ninety-eight men. Imagine now for a moment a golf club with the likes of Dr. Rice, Mrs. Moore-Rainwater, Sheryl Sandberg (COO of Facebook), Marissa Myers (CEO of Yahoo), Sheila Johnson (Co-Founder of BET), Linda Johnson-Rice (Owner of Johnson Publishing Company), and the list could go on and on. Now that is a room of economic might for women who dare I say would be able to make business deals among themselves and increasing the probability and opportunities for wealth into the arms of women. No separate locker room needed.

Politically this would boil down to the policies and outreach of the club. At current there is no LPGA Master’s Tournament. How hard do you think that would be able to get sponsored by a golf club that is socially and economically controlled by women? It would be like waking up in the morning and turning on the light switch. If you want it to be sponsored by the Augusta National Golf Club you would have to get 50% of the male membership to side with the two female members. Assuming they don’t feel socially pressured to not look like they are just voting for it because they are women. Now, where have I heard that accusation before? Again, if they control the club socially, economically, and politically nobody would question their motives because the motives are part of the very fabric of the club’s purpose.

As I stated in the beginning the unfortunate assumption that always kicking your way into an institution you would not have control over is somehow progress is missing the point of what capitalism is built on. Capitalism is built on ownership. As someone who has a teenage daughter I believe it is more powerful for her to see three hundred business women interacting with each other and making decisions in her interest than for her to see two women out of three hundred members where her interest for better or worse are marginalized. She no longer would feel like the odds are stacked against her. Success as a woman would be seen as the rule as opposed to the exception to it. She would know there is a place for her that doesn’t see her as a token they see her as just another businesswoman who is in the locker room headed out to the greens to network and maybe make the deal of the century. Tee-off ladies.

HBCU Money™ Business Book Feature – Ties That Bind: The Story of an Afro-Cherokee Family in Slavery and Freedom

This beautifully written book tells the haunting saga of a quintessentially American family. It is the story of Shoe Boots, a famed Cherokee warrior and successful farmer, and Doll, an African slave he acquired in the late 1790s. Over the next thirty years, Shoe Boots and Doll lived together as master and slave and also as lifelong partners who, with their children and grandchildren, experienced key events in American history–including slavery, the Creek War, the founding of the Cherokee Nation and subsequent removal of Native Americans along the Trail of Tears, and the Civil War. This is the gripping story of their lives, in slavery and in freedom.
Meticulously crafted from historical and literary sources, Ties That Bind vividly portrays the members of the Shoeboots family. Doll emerges as an especially poignant character, whose life is mostly known through the records of things done to her–her purchase, her marriage, the loss of her children–but also through her moving petition to the federal government for the pension owed to her as Shoe Boots’s widow. A sensitive rendition of the hard realities of black slavery within Native American nations, the book provides the fullest picture we have of the myriad complexities, ironies, and tensions among African Americans, Native Americans, and whites in the first half of the nineteenth century.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ August 24, 2012

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $3.89 (3.95% DN)

Carver Bank New York (CARV) $3.80 (1.54% DN)

Radio One (ROIA) $0.82 (UNCH)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  146.09 (UNCH)

Botswana Stock Exchange (BSE)  7 342.57 (0.15% DN)

Ghana Stock Exchange (GSE)  N/A

Nairobi Stock Exchange (NSE)  83.84 (N/A)

Johannesburg Stock Exchange (JSE) 35 794.12 (N/A)

International Stock Exchanges

New York Stock Exchange (NYSE) 8 047.86 (0.45% UP)

London Stock Exchange (LSE)  3 000.62 (0.02% DN)

Tokyo Stock Exchange (TOPIX)  757.23 (0.96% DN)

Commodities

Gold 1 672.90 (0.01% UP)

Oil 96.15 (0.12% DN)

*All quotes reported as of 2:00 PM Eastern Time Zone

The HBCU Endowment Feature – Virginia State University

School Name: Virginia State University

Median Cost of Attendance: $20 966

Undergraduate Population: 5 075

Endowment Needed: $2 128 048 960

Analysis: Virginia State University needs $2.1 billion to allow all of its undergraduates to attend the university debt free annually at its current population and cost of attendance. VSU has both a foundation and university endowment that serve the institution and student body.The university’s endowment is $22.5 million as reported to NACUBO annual survey meaning if all of the endowment was dedicated to scholarship they would have enough for 1.07% of their student body to go to school debt free annually. On the brighter side, VSU is one of the fastest growing endowments in terms of capital and investment returns and with a strong push among alumni could see itself break into the rare air of HBCU endowments with $100 million plus in assets.

As always it should be noted that endowments provide a myriad of subsidies to the university for everything from scholarship, faculty & administration salaries, research, and much more.

HBCU Money™ Business Book Feature: The Hidden Cost Of Being African American – How Wealth Perpetuates Inequality

Over the past three decades, racial prejudice in America has declined significantly and many African American families have seen a steady rise in employment and annual income. But alongside these encouraging signs, Thomas Shapiro argues in The Hidden Cost of Being African American, fundamental levels of racial inequality persist, particularly in the area of asset accumulation–inheritance, savings accounts, stocks, bonds, home equity, and other investments. Shapiro reveals how the lack of these family assets along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped.
Shapiro uses a combination of in-depth interviews with almost 200 families from Los Angeles, Boston, and St. Louis, and national survey data with 10,000 families to show how racial inequality is transmitted across generations. We see how those families with private wealth are able to move up from generation to generation, relocating to safer communities with better schools and passing along the accompanying advantages to their children. At the same time those without significant wealth remain trapped in communities that don’t allow them to move up, no matter how hard they work. Shapiro challenges white middle class families to consider how the privileges that wealth brings not only improve their own chances but also hold back people who don’t have them. This “wealthfare” is a legacy of inequality that, if unchanged, will project social injustice far into the future.
Showing that over half of black families fall below the asset poverty line at the beginning of the new century, The Hidden Cost of Being African American will challenge all Americans to reconsider what must be done to end racial inequality.