Watch the walls come down, whether it's in the South or on Wall Street. When the walls come down, what do we find? More markets, more talent, more capital and growth. Which means that the race and sex discrimination stunt economic growth. It's not good for capitalism. It's not good for America's growth. And it's not morally right.

Time magazine quoted Jackson as saying at that time that the traditional civil rights movement had lost its "offensive thrust. In the mid-1990s he was approached about being the United States Ambassador to South Africa but declined the opportunity in favor of helping his son Jesse Jackson Jr. In 1965 Jackson participated in the Selma to Montgomery marches organized by James Bevel King and other civil rights leaders in Alabama.

He is the founder of the organizations that merged to form Rainbow/PUSH. is his eldest son.