As I recall it the supposed exploitation was buying up the only general store in the area and hiking up prices on basic goods so that buying a loaf of bread in a black neighborhood was considerably more than outside,
That's not a thing though. The reasons for why a loaf of bread is more expensive in a black neighborhood are well-known. As Sowell said, the mark-ups are higher, but the profits aren't. As you say later on.
at the very least their stated reasoning wasn't just simply "we're exploited because they're not black".
No, not just. But that's definitely part of it. And there's a good reason people they regard as 'outsiders' are often targeted. I don't think they would be torching black businesses for high mark-ups, for example. Maybe in a 'racial justice' protest.
That's not a thing though. The reasons for why a loaf of bread is more expensive in a black neighborhood are well-known. As Sowell said, the mark-ups are higher, but the profits aren't. As you say later on.
No, not just. But that's definitely part of it. And there's a good reason people they regard as 'outsiders' are often targeted. I don't think they would be torching black businesses for high mark-ups, for example. Maybe in a 'racial justice' protest.