Jay-Z

Hip-hop has done so much for racial relations, and I don't think it's given the proper credit. It has changed America immensely. I'm going to make a very bold statement: Hip-hop has done more than any leader, politician, or anyone to improve race relations.

Companies that pretend to care about music and really care about other things - whether it be hardware, whether it be advertising - and now they look at music as a loss leader. And we know music isn't a loss leader; music is an important part of our lives.

I've said the election of Obama has made the hustler less relevant. People took it in a way that I was almost dismissing what I am. And I was like, 'No, it's a good thing!'

It was a weird mix of emotions. One day, your best friend could be killed. The day before, you could be celebrating him getting a brand-new bike.

Politics - I still think it's a bunch of liars and a bunch of self-interest. It's not about the people: it's about themselves and their rise to power. They are voting on things based on whether they will have the support of the people when they vote next time. They don't have the balls to say, 'I believe in this. I don't care what happens.'

Around 20. I'd been trying to transition from the streets to the music business, but I would make demos and then quit for six months. And I started to realize that I couldn't be successful until I let the street life go.

I can think of no one more relevant and credible in the hip-hop community to build upon Def Jam's fantastic legacy and move the company into its next groundbreaking era.

The experiences that I've had growing up with music, you know, I couldn't trade them for any money in the world. Dancing in the living room to enjoy myself. 'Enjoy Yourself,' Michael Jackson.

Growing up, politics never trickled down to the areas we come from. But people from Obama's camp, and Obama himself, reached out to me and asked for my help on the campaign. We've sat and had dinner, and we've spoken on the phone. He's a very sharp guy. Very charming. Very cool.

The burden of poverty isn't just that you don't always have the things you need: it's the feeling of being embarrassed every day of your life, and you'd do anything to lift that burden. As kids, we didn't complain about being poor; we talked about how rich we were going to be and made moves to get the lifestyle we aspired to by any means we could.

I'm just saying the producers and people who work on music are getting left out - that's when it starts getting criminal. It's like you're working hard, and you're not receiving. In any other business, people would be standing before Congress. They have antitrust laws against this kind of behavior.

One of the reasons inequality gets so deep in this country is that everyone wants to be rich. That's the American ideal. Poor people don't like talking about poverty because even though they might live in the projects surrounded by other poor people and have, like, ten dollars in the bank they don't like to think of themselves as poor.

By the time I got to record my first album, I was 26, I didn't need pen or paper - my memory had been trained just to listen to a song, think of the words, and lay them to tape.

I'm far from being god, but I work god damn hard.

What people have to understand is 'Billboard' is a magazine. They're like elected officials - they work for us.

I have inherited two of the most important brands in hip-hop, Def Jam and Roc-A-Fella. Reid and Universal Music Group have given me the opportunity to manage the companies I have contributed to my whole career. I feel this is a giant step for me and the entire artist community.

That's why this generation is the least racist generation ever. You see it all the time. Go to any club. People are intermingling, hanging out, having fun, enjoying the same music. Hip-hop is not just in the Bronx anymore. It's worldwide. Everywhere you go, people are listening to hip-hop and partying together. Hip-hop has done that.

Successful people have a bigger fear of failure than people who've never done anything because if you haven't been successful, then you don't know how it feels to lose it all. You don't have that fear. So why do you think people get stuck in those boxes? It's that fear of going back down.

You make your first album, you make some money, and you feel like you still have to show face, like 'I still go to the projects.' I'm like, why? Your job is to inspire people from your neighborhood to get out. You grew up there. What makes you think it's so cool?

I treat people based on who they really are, not the name. Everyone has to be respectful and be a human being. No one's above... That's how I carry it with anybody.