By Robert Blackwell, Jr.
Photos: YouTube Screenshots
The recent Supreme Court ruling declaring race-based university admissions unconstitutional marks a significant turning point in the pursuit of a color-blind society. As we contemplate the implications of this decision, it is imperative that we consider what comes next. One area that warrants attention is the elimination of race-based considerations in procurement. Unfortunately, in this realm, the Black community bears the brunt of blame, without reaping commensurate benefits.
Drawing from a review of the 2010 census data, a stark reality emerges: Majority-owned companies with employees generated annual revenues of $9.1 trillion, while women-owned businesses contributed $1 trillion. Other ethnic groups such as Asian and Hispanic Americans registered revenues of $455 billion and $276 billion, respectively. In contrast, Black-owned businesses accounted for a mere $98 billion. This disparity underscores a direct correlation…
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