Why Court Blocked Fearless Fund Designed to Help Black Women
<p>Imagine someone running before the whistle is blown and claiming after they win the race that it was fair, and instead of intervening, the referee and onlookers remain silent. That is what it is like to be a Black woman in America. While many people endorse the meritocracy myth, we're clearly running on uneven pavement. In our country, Black women face a "<a href="https://equitablegrowth.org/addressing-the-double-gap-faced-by-black-women-in-the-u-s-economy/" rel="noopener ugc nofollow" target="_blank">double gap</a>" in pay, negatively impacted by racial and gender wage disparity. If pursuing the so-called American dream were a race, then misogynoir would be the rocks, pebbles, and spikes impeding their path. Perhaps this is why Black women are <a href="https://hbr.org/2021/05/black-women-are-more-likely-to-start-a-business-than-white-men" rel="noopener ugc nofollow" target="_blank">more likely</a> than White men to start their own businesses — they have less to gain by religiously punching the clock and more to gain by creating their own companies. This is why the Fearless Fund, a collective that provides investment opportunities for women of color, began their work to counter this misogynoir or double-discrimination.</p>
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