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It's 'economic blackout' day as campaign encourages Americans not to spend for 24 hours

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A retail boycott is hitting major US businesses Friday as an online campaign calls for Americans to spend nothing at places such as Walmart, Target, Amazon and McDonald's.
The article from AOL Finance discusses the "Economic Blackout Day" campaign, which encourages Black Americans to refrain from spending money on July 7, 2023, as a form of protest against systemic racism and economic inequality. This initiative, spearheaded by the group "Blackout Coalition," aims to highlight the economic power of the Black community and push for changes in corporate and governmental policies. The campaign has garnered support from various civil rights organizations and activists who argue that withholding economic participation can draw attention to the need for racial justice, better representation in corporate America, and investment in Black communities. Critics, however, question the effectiveness of such a boycott, suggesting it might hurt small businesses and could be more symbolic than impactful. The article also touches on historical precedents of economic boycotts and their varied outcomes in the fight for civil rights.

Read the Full AOL Article at:
[ https://www.aol.com/finance/economic-blackout-day-campaign-encourages-150533925.html ]