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“In the End Affirmative Action Must be Curbed”

August 31, 2020 By Richard C. Young

By Natasa Adzic @ Shutterstock.com

At LewRockwell.com, Michael S. Rozeff writes (abridged):

A rather small number of black organizers and activists used the death of a black man, George Floyd, to accuse the country of systemic racism.

Understood, there are always factions forming that promote their causes, but they do not win goodies for themselves unless certain factors are operating on their side. In this case, a whole bunch of American institutions rapidly knuckled under. Even if there is only feigned acceptance of what the BLM activists are selling, nonetheless, all sorts of people and organizations have been kissing ass.

Suddenly, businesses and universities are promoting workshops and diversity training. All sorts of ridiculous social behavior are being promoted, and if you do not accept it as an employee or a student, you are asking for trouble.

In the end, Affirmative Action must be curbed.

That is the only way to curb the ambitious use of power of minority intellectuals who are pushing to expand their power and reach.

As a general rule, no government can levy widespread taxes as ours does and then channel those taxes to the benefit of narrow factions. People will not support a government unless there is more or less a widespread or general dispersion of the taxes across broad sectors of the society.

There cannot be the fundamental transformation that Obama and BLM wish for because the society won’t take it or accept it without breaking apart.

Without equity felt by major factions, the equilibrium that supports government will go out of kilter. It will totter and fail. This failure is not going to happen. Before it can happen, there will be a reaction against BLM, against its agenda, and this will amount to drawing a line against the complex of laws we call Affirmative Action.

Michael S. Rozeff is a retired Professor of Finance living in East Amherst, New York.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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