Black households have about $5000 in wealth. When considering the fact that they are owed 40 acres and a mule in reparations, remember that each black household should be worth upwards of $800,000 (~$20k per acre).
Ask yourself if education, poverty, healthcare, loans, housing, etc... would be an issue if they were actually paid what we all collectively owed them. I expect some portions of the racism would still exist but economic empowerment is always a potential gamechanger.
Seems uber is trying to help fix that gap themselves. I commend them for at least trying something novel.
Being a person of color in the US absolutely means you are confronting systemic racism throughout your life. So absolutely, yes, compared to white restaurant owners. Example: If you are black, you are less likely to get a small business loan, and if so you are likely to get worse rates [1]. They also are encountering more resistance to accessing COVID-19 bailout funds [2]. These are just two examples specific to being a business owner, not to mention the systemic racism they face as individuals.
Black people are the least rewarded early investors in the startup we call the USA.
They have more right to be in this country than any group other than Native Americans, a large % are in fact descendants of native Americans but are not recognized as such due to a paper genocide and deportation program carried out by the govt of the US in the early 20th century.
No other minority group is in this position. Anyone who has studied the history knows the country still owes a tremendous outstanding debt to this group of people.
People still seem unaware of these basic facts... And we've had black history month for how many years?
The education system in America is truly lacking and it shows when it comes to the topic of race/racism which is a key part of our economic history and inextricably tied to the history and development of US capitalism.
Ask yourself if education, poverty, healthcare, loans, housing, etc... would be an issue if they were actually paid what we all collectively owed them. I expect some portions of the racism would still exist but economic empowerment is always a potential gamechanger.
Seems uber is trying to help fix that gap themselves. I commend them for at least trying something novel.