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Winter 2022
ISSN 0890-913X
Volume 37, Number 4

Buyer Beware: A Critique of the #BuyBlack Movement

Brandon M. Tate, Loyola University New Orleans
Walter E. Block, Loyola University New Orleans
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2022 Journal of Private Enterprise Vol 37 No4 WINTER parte5.pdf&rsargs[]=0
TheJournalofPrivateEnterprise37(4),2022,77-89BuyerBeware:ACritiqueofthe#BuyBlackMovementBrandonM.Tate*LoyolaUniversityNewOrleansUnitedStatesofAmericaWalterE.BlockLoyolaUniversityNewOrleansUnitedStatesofAmericaAbstractManycommentatorsprofessthatifallpeople,particularlyblackpeople,favoredblack-ownedbusinessesattheexpenseofotherbusinesses,thiswouldredoundtothebenefitoftheblackcommunity.Thepresentpapermakestheoppositecase:suchapolicywouldreducetheprosperitythisdemographicmightotherwiseenjoy.JELCodes:F10Keywords:discrimination;freetrade;freeenterprise;specialization;divisionoflaborI.IntroductionThesummer2020slayingsofAhmaudArbery,GeorgeFloyd,andBreonnaTayloratthehandsofseveralwhiteAmericanshaveprovidedadditionalinspirationforthelatestwaveofblackconsciousnesstotakeholdintheUnitedStates.Ashundredsofthousandsofgrassrootsprotestswerecomingtoanend,discussionsbeganathome,intheworkplace,andonpopularsocialmediaoutletssuchasTwitterabouthowbothwhiteandblackpeoplecanuplifttheblackcommunityfromwhatmanybelievetobeanear-constantstateofsubordinationandvulnerability.Amonganabundanceofideasandpolicy-reformproposals,thehashtag#BuyBlackbegantoappearmoreandmorefrequentlyinonlineadsandinsearchengines.ItencouragesAmericansofallracesandcreedstofinanciallysupportblack-ownedbusinessasamethodofempoweringtheblackcommunityasawhole.Insection2webrieflynotethehistoryoftheBuyBlackmovement.Thefocusofsection3isthesistertotheBuyBlack*ThepresentauthorsaregratefultoHarryDavidforimportanteditorialhelp.
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