For more than two hundred years, America’s vast resources and industrious population amassed the largest pile of wealth in history. Now, the forces that generated that wealth are disappearing, but it is still there for the taking. Everybody is maneuvering to get a piece.
What’s one of the best ways to carve out a profit for oneself? Easy. Take advantage of America’s quiet love of affirmative action.
Most Americans do not realize the full extent to which a racially based spoils system is fundamentally embedded in American economic life. They know about affirmative action in school admissions (though many mistakenly believe affirmative action is a “tiebreaker” as opposed to an enormous boost for the recipient). But the racial spoils system in America reaches much further and deeper into the very marrow of our Regime. Countless employers adhere to a racial caste system in order to avoid running afoul of federal civil rights investigators. And especially since last year’s “racial reckoning,” hundreds of major companies are pledging to hire contractors and make purchases based on skin color instead of simple merit. This representative announcement from Apple is just one of many:
Apple Inc Chief Executive Tim Cook said on Thursday the iPhone maker will increase spending with black-owned partners in its supply chain and seek to increase minority representation among the firms it does business with.
Cook made the remarks in a video posted to Twitter announcing a $100 million racial equity and justice initiative in the wake of the May 25 death of George Floyd in Minneapolis. [Reuters]