Recent developmental state research highlights state-society configurations and contentious politics in shaping industrialization. Still, much of this work focuses on East Asia and tends to sidestep racialized labor exploitation, imperialism, and uneven incorporation into the global capitalist system through the trans-Atlantic slave trade and colonialism as important drivers. Through an historical analysis of Trinidad and Tobago, this paper examines how interventionist industrial policies emerged out of such structures and conditions. It highlights the role of anti-imperial and anti-racist struggles exemplified by the Black Power Movement in Trinidad and Tobago – a social movement comprising workers, marginalized youth, and civic leaders, which sought to overturn a colonial economy, reconfigure hierarchical race relations, address economic injustices, promote democratically negotiated industrialization, and chart a new course for a post-independent, multiracial Trinidad and Tobago. Utilizing archival data, this paper argues that Trinidad and Tobago’s government shifted from a passive industrial strategy characteristic of the colonial era to a more active approach from 1970 to 1984 largely in response to forceful demands and demonstrations by the Black Power Movement, which, in turn, led to improved social conditions, nationalization of key industries, the creation of state-owned enterprises, new skills and technological investments, and more. These findings advance developmental state theory by specifying the heretofore largely unacknowledged role of racial justice and anti-imperialist social movements in bringing about a different path from the East Asian model toward industrial and social transformation.