[cronelius]

racism is bad business. the market deals with it in the following ways: - the competent people who are being discriminated against leave and go to places where they aren’t discriminated - people in protected classes sue for discrimination - companies that don’t discriminate get a reputation as such and attract the best - companies that keep discriminating keep losing talent and getting hit with lawsuits

what else could you possibly need to show that racism is bad business? that racists get what’s coming to them in the long term?

[LexiMax]

> racism is bad business

The history of the US is littered with riots that not only targeted individuals and families, but businesses and other sources of minority wealth.

Turns out that you don't need to be better at business if you can prescribe the competition with impunity.

[nxrabl]

As the saying goes, the market can stay irrational longer than you can stay solvent. There are any number of ways a firm can do things that, in isolation, are bad for business, and still do very well overall if they’re protected by other factors (such as, case in point, the money printing machine that is Google ads). I think what the GP is saying is that sitting back and leaving things to the market to work out is essentially resigning the issue not to be resolved in our lifetimes.

[const_cast]

> racism is bad business. the market deals with it in the following ways:

There's theory, and then there's practice.

If practice is directly contradicting your theory, that doesn't mean you should double down on your theory and hopefully it comes true. It means your theory is bullshit, and you should burn it and start over.