HomeNewsOpinionThe free market doesn’t guarantee economic freedom

The free market doesn’t guarantee economic freedom

Racial discrimination was actually profitable before it was banned in 1964. This is relevant for civil-rights policy today

September 20, 2022 / 11:17 IST
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Representational image.
Representational image.

Does the free market ensure freedom? There’s a common perception that it does — that if, for example, a business discriminates against people of a certain race or sexual orientation, it will bring punishment upon itself in the form of higher expenses and fewer customers. Competitors will profit by meeting the unsatisfied demand.

Unfortunately, the history of Black Americans demonstrates that the market doesn’t always deliver the freedom it promises — a conclusion that has implications for addressing discrimination today.

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Imagine traveling to a large city and finding that no hotel will allow you to stay the night, or needing to bring toilet paper on a road trip because no gas station will allow you to use the restroom. Such discrimination was the norm for Black Americans before the Civil Rights Act of 1964 barred racial discrimination in public accommodations. Historian Mia Bay finds that more than 90 percent of US hotels in the 1950s refused service to Black people. From the bus boycott in Montgomery, Alabama to the lunch counter sit-ins in the early 1960s, Black protests were concentrated on how businesses and public services denied them equal access.

In recent years, historians have used novel methods to better understand this neglected part of US’ past. One valuable resource: the ‘Green Book’ travel guides published from 1936 to 1966 by Harlem postal worker Victor Green, listing hotels, businesses, restaurants, and other businesses that served Black customers. These and other guides were used by millions of Black Americans, who knew that being in the wrong place could have dire consequences.