Showing posts with label corporate greed. Show all posts
Showing posts with label corporate greed. Show all posts

Thursday, February 27, 2025

Consumers are planning a one-day economic blackout on Feb. 28. Here's what to know.; USA TODAY, February 26, 2025

Betty Lin-Fisher, USA TODAY ; Consumers are planning a one-day economic blackout on Feb. 28. Here's what to know.

"Consumers are preparing for a 24-hour economic blackout on Friday, one of several boycotts planned by groups of consumers or activists to protest what they call corporate greed, companies that have rolled back their diversity, equity and inclusion efforts and President Donald Trump's efforts to eliminate federal DEI programs since taking office.

On Friday, those groups are encouraging consumers to not spend any money anywhere for one day. If they have spend, they are encouraged to buy from a local business. 

Why do organizers seek a spending boycott?

The organizer of the boycott goes by TheOneCalledJai on Instagram, but his real name is John Schwarz. He told USA TODAY he started the “bold” idea because the time was right and people are frustrated with what he calls corporate greed and other frustrations.  

Professors have told USA TODAY that boycotts can be successful in shaming a company into reversing decisions or taking action, but they don't always work. There needs to be clear actions outlined, they say. But consumers do like being able to take action against something they feel strongly about."