How does socialism assure investing in “black communities”? Whatever those may be. And how does that guarantee any different outcome?
France is arguably the most socialist country in Europe and yet there are tons and tons of poor slums and ghettos, all of which are mainly populated by black immigrants and Muslims. Their socialist welfare state did virtually nothing to make things even for people living there. Not at all.
And in the process, their policies made France less competitive worldwide, less influential, and ultimately less wealthy.