How The Status Quo Keep Competitors Down
— By keeping markets of interest monopolized [undercutting their competitors].
— By effectively using information technology [email, sophisticated search technologies, social media, etc.] to spy and harvest ideas. Yes, this would be industrial espionage.
— By lobbying governments, and/or maintaining inappropriate relationships with government officials, which could inordinately undermine laws, or sway policy changes.
— By secretly persuading judicial systems to decide rulings in its favor.
— By systematically choking off access to capital.
— By buying out and/or bribing competitors.
— By disrupting supply chains.
— By blacklisting competitors and adversaries.
— By engaging in tortious interference practices.
— By having LOTS Of EYES [subsidiaries, partnerships, consultants, opportunists, etc.] on the ground to monitor competitors.
— By orchestrating and/or partaking in [open to one’s imagination] heinous crimes.
After centuries and decades, black-owned businesses remain one of America’s most underfunded communities. Considering the grim outlook, black-culture itself appears to have largely disregarded the urgency and kind of coalition it needs to aid in mitigating the circumstances. On the other hand, Black culture has invested heavily in those outside its own. So, who’s the sacrificial lamb, or who’s getting the short end of the stick?
Mehrsa Baradaran, an international lawyer with a strong discipline in banking law, pondered over a 2017 publication, “that much of the economic turmoil black Americans have faced has been the direct result of negligence, discrimination, or broken bonds on the part of both government and private entities run mostly by white Americans.”