NOTEBOOK – ONE GOOD READ: ‘Black Capitalism’ promised a better city for everyone. What happened?
SARAH BOGAARDS Sep 21, 2021 | 3:44 pm
<1 min read time
114 wordsAll Latest News, Arts and Culture, Business Record Insider, The Insider NotebookThis long read from the New York Times dives into the history of Black-owned business in Rochester, N.Y., where in the 1960s corporate companies partnered with and invested in Black businesses as a way to mitigate the racial tension at the time. The piece draws a parallel to today’s climate with the murder of George Floyd sparking pledges from larger businesses to dial in on equity and inclusion efforts. A case study of the partnership in 1960s Rochester between Xerox and a Black power group to start a factory, it provides historical context into the challenges faced then in sustaining the working relationship between Black and corporate businesses including navigating protests and diversity conversations.