Toni
Contributor
- Joined
- Aug 10, 2011
- Messages
- 19,785
- Basic Beliefs
- Peace on Earth, goodwill towards all
I don’t remember if among the options was to invest in minority owned corporations. Obviously that is something that any of us could choose to do ourselves. It would take some time and effort.
But do you think it's morally right to invest in a business based on the race of the principal owners? Or do you think it's only moral when you want to exclude white owners?
Until recently, people HAVE been investing based on the race of the WHITE principal/sole owners. That's been the default. Minority and female entrepreneurs have struggled to get a foot hold in markets, to get loans, to survive as many minority businesses were targeted, seized, burned, or otherwise driven out.
I think it is moral to invest in companies that share your values: protecting the environment, avoiding animal testing, and so on. Why not look for companies that have a strong investment in the communities where they are located? That are committed to liveable wages, good benefits, and so on?
What you are insisting is a down with whites policy is simply what a lot of people in smaller towns ---and larger ones--are doing now: supporting local. It's not just farmers' markets but it's also craft beer, etc. But for the most part, for many that's all had a white face on front. Just like everything else.
Sure, we're happy to support 'ethnic' restaurants and music and sports and other performance with not white faces. But why not be happy to support a black owned hardware store? Black owned electricians? Plumbers? Investors? Doctors? Lawyers? Accountants? And so on?