How is Apple giving 100MM to "invest in Black and Brown companies" discriminating against anyone?
It's almost as if investing in communities that have been underserved, could somehow, trickle through the economy as a whole at a disproportionally high rate of return. You know, as opposed to investing it where monetary wealth is already largely concentrated.
Regarding your second point, it is bot really relevant and if the project will “deliver returns” or not. Setting up a program that explicitly only invests in anglo-american harvard grads would probably give good returns too, but it would still be pretty racist.
See wikipedia: https://en.wikipedia.org/wiki/Indian_reservation
> According to dictionaries, the word is commonly used to describe prejudice and discrimination based on race.
That seems to match what I wrote above.
I agree that it does not indicate "antagonism" or "superiority", but you left out "discrimination", which is right there in the definition in your comment. I believe that apple's program "discriminates" on the basis of race, and therefore is racist.
"Discrimination is the act of making unjustified distinctions between human beings based on the groups, classes, or other categories to which they are perceived to belong.[1] People may be discriminated on the basis of race, gender, age or sexual orientation, as well as other categories.[2] Discrimination especially occurs when individuals or groups are unfairly treated in a way which is worse than other people are treated, on the basis of their actual or perceived membership in certain groups or social categories.[2][3] It involves restricting members of one group from opportunities or privileges that are available to members of another group.[4]
Do you think Apple giving 100MM specifically to "Black and Brown companies" is unjustified?
In your quote: "It involves restricting members of one group from opportunities or privileges that are available to members of another group."
Apple is restricting people who are not black or brown from this opportunity.
The first of their five pillars:
"We invest in founders from all backgrounds, genders and walks of life"
From the two citations: [48]
Prejudice, discrimination, or antagonism directed against a person or people on the basis of their membership of a particular racial or ethnic group, typically one that is a minority or marginalized.
[49] a belief that race is a fundamental determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race
Apple choosing to invest in educational and entrepreneurial programs for "Black and Brown companies" is in no way antagonism towards other races nor is it an indication that Apple supports a belief that any race is superior.