What does malcolm x mean by "an economic philosophy of black nationalism

The ideology of the Nation of Islam is black nationalism. Encouragement to economic independence and self-reliance are part of the ideas of the movement. It called for black entrepreneurship, black ownership of businesses and venture, mutual assistance, keeping the hard won money in circulation in the black community. It is in this context that we must understand Malcom X´s words.

Explanation:

confederacy: supported slavery, believed states should be able to nullify federal laws, supported low tariffs

union: everything else