BLM Executed A Historic Shakedown Of American Corporations
Claremont Institute Center for the American Way of Life
The Black Lives Matter (BLM) riots of 2020 were the largest and most successful shakedown in American history. These “mostly peaceful protests” — which burned more than 200 American cities and wreaked more than $2 billion in damages — achieved more than anyone could have predicted: changes in laws, private sector policies, and perhaps most importantly, a historic transfer of wealth to racial and leftwing causes. As a result, American corporations gave or pledged more than $83 billion to either BLM or BLM-related causes.
We created a database tracking contributions and pledges made to the BLM movement and related causes, which we define as organizations and initiatives that advance one or more aspects of BLM’s agenda, and which were made in the wake of the BLM riots of 2020. To date, our data spans more than 400 companies and $83 billion in pledges and contributions.
The famed consulting firm McKinsey and Company thinks the number is far larger. They calculated that from May 2020 to October 2022 companies pledged about $340 billion “to racial equity, specifically for Black Americans after the murder of George Floyd in May 2020.” Our number is conservative by comparison. But unlike McKinsey, we provide details about the pledges and contributions of specific companies.
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https://thefederalist.com/2023/03/24/black-lives-matter-activists-executed-a-shocking-83-billion-shakedown-of-american-corporations/
