91制片厂

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Keynote Address: Race, Wealth, and Social Enterprise Policy

Abstract

This Essay, which is a lightly edited version of the keynote address delivered at the Drexel Law Review Symposium on 鈥淚nheritance and Inequality鈥 at the 91制片厂 Thomas R. Kline School of Law on September 27, 2024, examines the intersection of race, wealth, and social enterprise policy. It challenges prevailing myths about entrepreneurship and upward mobility in the United States. The Essay also critiques the cultural hegemony and political rhetoric surrounding the 鈥淎merican Dream,鈥 particularly the promise of business ownership as a pathway to economic success, which often obscures structural inequalities. Using family history as a lens, the Essay highlights the limitations of generational wealth transfer and exposes the systemic barriers faced by marginalized communities. It introduces the concept of the 鈥渆ntrepreneurial industrial complex鈥 to explain how dominant narratives perpetuate inequality and examines the shortcomings of current policies supporting small and minority-owned businesses. The Essay concludes by proposing structural reforms to prioritize measurable social impacts, innovative business models, and equitable resource allocation to foster a more inclusive and sustainable entrepreneurial ecosystem.