Compounded inequality: how the US Paycheck Protection Program is failing Los Angeles Latino small businesses

Compounded inequality: how the US Paycheck Protection Program is failing Los Angeles Latino small businesses
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DOI:
10.1080/01419870.2020.1844265
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发表时间:
2020-11-17
影响因子:
2.5
通讯作者:
Santellano, Karina
Santellano, Karina
中科院分区:
法学2区
文献类型:
--
作者:
Santellano, Karina

文献摘要

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2020年3月通过的《关怀法案》(CARES Act)包括为美国小企业指定3500亿美元的工资保护计划(PPP)。数据显示,小企业,特别是拉丁美洲人和非洲裔美国人拥有的小企业,在获得公私伙伴关系资金方面面临挑战。与此同时,像洛杉矶湖人队这样的知名公司已经承认从PPP获得并偿还了数百万美元。这些大公司的披露表明,PPP有利于资源丰富和关系密切的企业,而未能帮助有色人种拥有的小企业。根据我关于2019冠状病毒病期间洛杉矶拉丁裔咖啡店的论文中的采访数据,我用费根对制度性种族主义的概念来主张,PPP的发展方式并非不同寻常,而是企业家精神排斥历史的一部分。
The CARES Act, passed in March 2020, included the Paycheck Protection Program (PPP) which designated $350-billion for small businesses in the United States. Data shows that small businesses, particularly those owned by Latinos and African Americans, have confronted challenges in accessing PPP funds. At the same time, high profile companies like the LA Lakers have admitted to have received and repaid millions of dollars from the PPP. These large companies' disclosures signal that the PPP is favouring highly resourced and well-connected businesses while failing to help small businesses owned by people of colour. Drawing on interview data from my dissertation on Latino-owned coffee shops in Los Angeles during Covid-19, I use Feagin's conceptualization of institutional racism to contend that the way PPP has played out is not out of the ordinary but rather part of an exclusionary history in entrepreneurship.