Ben Leavitt AJ Spitz business ownership
Ben iambenleavitt pressed AJ Spitz on who actually owns property in underserved neighborhoods. The pushback was clear: business owners relocate based on financial incentives rather than conspiracy. It's not a conspiracy, it's business. They follow where the money is. Community members often lack ownership due to historical redlining and modern privatization. Gas stations are frequently operated by specific ethnic groups but owned by wealthy corporations. Remedying this requires either generational change or a collective uprising involving boycotts and demands for better conditions.
Transcript (en)
It's not that hard. Brandon from the Chances. You're one question away. Yeah. If you were a business owner, would you want your business in the hood? Probably not. Business owners follow where the money is. It's not a conspiracy. It's business. So in that situation, how do you remedy that? Sure. Well, I think this is where black-owned grocery stores or nonprofits or, you know, again, this is a problem with redlining. is because in the hood, the people who are part of the community don't own anything. It's all been, you know, through different mechanisms, whether it was from back in the day, redlining or through privatization today, makes it very difficult to own your own business. So that's why you see the gas stations that are mainly ran by, you know, a lot of Arabs now, which, you know, is a shell of a much bigger company that's probably owned by really wealthy people. it's really hard to remedy it because the systems and structures that have been put in have made it I won't say impossible but I think it's not about just like a corporation or new company I think it is a structural difference you know again coming back to accountability and acknowledgement that if the people who are in charge way up there cared enough about the people down here. That's where it would have to start. So to remedy it, generation could die off and hopefully more empathetic one takes its place. Or there's some form of uprising, a collective uprising that boycotts and demands better. But both of those things are, you know, it's difficult. If you enjoyed this, be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets. Peace.
