The New York Times devoted its entire “Sunday Review” section last weekend to an economic manifesto calling for banks to apologize for “structural racism,” for an Amendment enshrining “voter equality,” and for wealthy Americans to “give up your privilege.”
The manifesto, “The Economy We Need,” focuses on redressing economic inequality — not growth or job creation — as America’s main economic challenge. Toward that end, the lead editorial calls for the Federal Reserve to target black unemployment instead of overall unemployment, and for banks to pay reparations. It also demands banks “apologize for their culpability for and complicity in structural racism” and “commit to serving black people as they do whites.”
Other demands: cancel consumer debt and eliminate banking fees for black customers, and give interest-free mortgages to black homebuyers and interest-free loans to black-owned businesses.
The New York Times is now a propaganda megaphone for the Black Lives Matter racial extortion racket.