© dpa
Germany: Motto “Black lives matter”
BLM Is Calling For A Month-Long Boycott Of White Companies. Is This Racist?
NEW YORK (77WABC) — Black Lives Matter has announced its seventh year of boycotting ‘white companies’ during the holiday season to support ‘Black Xmas.’
On Black Friday, the official Black Lives Matter Global Network shared an Instagram post calling to ‘support Black-led-Black-serving organizations.’
https://www.instagram.com/p/CWvguDCp9Nu/?utm_source=ig_web_copy_link
“We’re dreaming of a #BlackXmas,” the official blackxmas.org site states. “That means no spending with white companies from Black Friday until New Years Day.”
The group suggests three ways for its supporters to take part in Black Xmas: Build Black, Buy Black, and Bank Black. They’re also encouraging its followers to ‘buy exclusively from Black-owned businesses’ claiming ‘white-supremacist-capitalism uses policing to protect profits and steal Black life.’
https://t.co/vurKrQ7liI pic.twitter.com/2FT84RWMDB
— Black Lives Matter (BLM) (@Blklivesmatter) November 30, 2021
Many on social media slammed the idea, calling it as racist and segregating. Some have even questioned what would happen if white people called for a month-long boycott of black-owned companies.
Twitter users also pointed to several Black Lives Matter leaders that have bought expensive houses in predominately white neighborhoods in recent years.
A report from Nielsen showed that black buying power in 2020 equaled $1.57 trillion. The report also found that black shoppers are increasingly using their money to support companies that have tailor-made messaging to target black buyers.
CNBC also reported that during the pandemic, black business owners had to shut their doors for good at more than twice the rate that white businesses did between February 2020 and April 2020.
