Saturday, June 30, 2012

Capitalism On Display

On June 12, I attended the 34th annual Museum Mile Festival. That evening, all the museums along Fifth Avenue in Manhattan, from 82nd to 104th Streets are free of charge to the public for three hours (6-9 pm).

I would have enjoyed the event more if it hadn't rained. Part of the fun of attending the Museum Mile Festival is the street activity: jugglers, musicians, street vendors, etc.

The Museum of the City of New York had a fascinating exhibit called "Capital of Capital: New York's Banks and the Creation of a Global Economy." One exhibit that especially caught my attention was a letter to the editor of the New York Amsterdam News, written in 1958, regarding the difficulty of African-Americans to obtain bank loans. Hence the creation of Carver Bank, an African-American-owned financial institution.

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