In one of the more notable reversals of fortune in hip-hop history, Master P is taking the high road.

Master P and his son, Romeo.

Just three days after 50 Cent deflected controversy over his use of controversial words in his lyrics by ridiculing Master P, the veteran New Orleans rapper and mogul responded but avoided any cheap shots at the publicity-savvy rapper.

Following 50 Cent's comment that he wasn't likely to follow Master P's stand against vulgarity in his lyrics, at least in part, because "Master P doesn't sell CDs anymore," P--real name Percy Miller--called the comment disappointing.

In an open letter published today, P wrote, "Curtis Jackson's comment motivated me. There are a lot of immature people in the world. Oprah Winfrey is absolutely right, we need to grow up and be responsible for our own actions."

The letter recounts Mater's P's assessment that 50 was a humble guy when he "paid for Curtis's first rap tour through the south." Miller goes on to say that there are four primary differences between he and 50 Cent, including his ability to admit he was wrong to use misogynistic words in his lyrics and the fact that he doesn't want his son to do the same.

"Three, money don't make me, I make money. My goal is to educate our people in building generational wealth and knowing how important it is to own real estate," he wrote. "Four, I'm a TRUE entrepreneur; my boss is God not [Interscope and 50 Cent boss] Jimmy Iovine."

In addition to his new label, Take A Stand Records, Master P said he is reaching out to corporate America "to form an alliance for the sake of putting the value back into our communities by rebuilding and developing schools and businesses.

He said he's producing a number of films to that end, starting with "Black Supaman," as well as doing a book tour for his tome, Guaranteed Success.

Miller also said he plans to reach out to celebrities like Shaquille O'Neal, Will Smith, Russell Simmons, Queen Latifah, Derek Anderson, Charles Barkley, Emmitt Smith, Beyonce, and Reverend Run "to help contribute to this positive movement."

"I understand that I can't change the whole hip hop industry; I'm only trying to do my part," he wrote.