- link Copy URL - [ Share on X ](https://twitter.com/intent/tweet?text=Buying Black: Reinvesting in Community https://www.3blmedia.com/markdownify/node/369366?absolute=1&via=3blnews "Share on X") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/369366?absolute=1 "Share on Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/369366?absolute=1 "Share on Facebook") - [ email Share via email ](mailto:?subject=Buying Black: Reinvesting in Community&body=ESG News from Morgan Stanley https://www.3blmedia.com/markdownify/node/369366?absolute=1 "Share via email") [Inclusion & Opportunity](/categories/inclusion-opportunity) # Buying Black: Reinvesting in Community ##### Morgan Stanley Access and Opportunities Podcast hosted by Carla Harris Mar 18, 2022 10:00 AM ET ![Photo of Bernard Bronner, President and CEO of Bronner Bros.](https://3blcdn.com/styles/carousel_2x/s3/2026-08/MS3.11.22C_1786652219.jpeg) [Click here to listen](https://www.morganstanley.com/ideas/carla-harris-buy-black-access-and-opportunity-podcast) Money circulates nearly an unlimited number of times in white neighborhoods, but only once in African-American communities, according to the Selig Center for Economic Growth. On this episode, we ask: how can we keep the Black dollar circulating in Black communities for longer? First, we hear from Bernard Bronner, President and CEO of Bronner Bros., the Black, family-owned beauty company behind the annual Bronner Bros. Hair Show. After losing their best-selling hair care product because they didn’t manufacture it themselves, the Bronners recognized the importance of ownership for sustaining not only the company, but the broader Black community. Then, host Carla Harris sits down with Maggie Anderson, author of “Our Black Year: One Family’s Quest to Buy Black in America’s Racially Divided Economy” to discuss her year-long journey to only buy Black. Through her lived experience and supporting data, Maggie unpacks the historical and ongoing factors that keep Black folks’ money leaking out of their economy. And she highlights opportunities that exist for Black entrepreneurs and consumers to reclaim the power of their dollar. Access and Opportunity is also available on Apple Podcasts, Spotify, Google Podcasts and other major podcast platforms. In addition, you can explore our insights, podcasts and more with your Alexa- or Google Assistant-enabled devices. Just enable the [“Morgan Stanley" skill](https://www.amazon.com/Morgan-Stanley/dp/B07BFJ6LHY) in the Alexa app or use the Morgan Stanley Action on Google by saying, “Hey Google, Talk to Morgan Stanley.” For more about our Morgan Stanley skill for Alexa or the Morgan Stanley Action on Google, visit [![](/sites/default/files/Clients/Morgan-Stanley-Logo.jpg)](/profiles/morgan-stanley) ### More from Morgan Stanley ###### [The Impact of Climate Change on Women and What Investors Can Do](/news/impact-climate-change-women-and-what-investors-can-do) Mar 9, 2023 10:25 AM ET ###### [Morgan Stanley Alliance for Children’s Mental Health Announces Second Cohort of Innovation Award Winners](/news/morgan-stanley-alliance-childrens-mental-health-announces-second-cohort-innovation-award) Mar 1, 2023 9:00 AM ET ###### [Celebrating Our Asian American and Pacific Islander Community](/news/celebrating-our-asian-american-and-pacific-islander-community) May 31, 2022 12:00 PM ET ###### [Leveraging Disruption to Save the Planet](/news/leveraging-disruption-save-planet) May 23, 2022 11:00 AM ET ###### [Coming Together for Children's Mental Health](/news/coming-together-childrens-mental-health) May 17, 2022 12:45 PM ET ###### [From the Ground Up: A Soil Solution](/news/ground-soil-solution) Apr 27, 2022 10:00 AM ET ###### [Amplifying Asian American Voices](/news/amplifying-asian-american-voices) Apr 21, 2022 10:00 AM ET ###### [Should ESG Investors Own Cryptocurrency?](/news/should-esg-investors-own-cryptocurrency) Apr 19, 2022 11:00 AM ET