1 00:00:02,759 --> 00:00:08,840 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Well, as all of 2 00:00:08,840 --> 00:00:10,880 Speaker 1: you know, Monday is Martin Luther King Junior Day, a 3 00:00:10,920 --> 00:00:14,840 Speaker 1: federal holiday that celebrates the life and legacy of Martin 4 00:00:14,920 --> 00:00:16,079 Speaker 1: Luther King Junior. 5 00:00:16,640 --> 00:00:19,279 Speaker 2: Right, And just a reminder, of course, Martin Luther King 6 00:00:19,920 --> 00:00:22,239 Speaker 2: Day also happens to fall on January twentieth, which is 7 00:00:22,239 --> 00:00:25,040 Speaker 2: the day that President elect Donald Trump will be inaugurated. 8 00:00:25,079 --> 00:00:27,880 Speaker 2: This Monday, we Tim and I will be doing a 9 00:00:27,880 --> 00:00:31,680 Speaker 2: special edition of Bloomberg BusinessWeek that afternoon looking at the 10 00:00:31,720 --> 00:00:35,680 Speaker 2: new incoming administration and all the policies that may come down. 11 00:00:36,120 --> 00:00:37,879 Speaker 2: So we want to get into that and more with 12 00:00:37,920 --> 00:00:42,800 Speaker 2: our next guest, who has a certain very personal story 13 00:00:42,840 --> 00:00:45,680 Speaker 2: and attachment of course to Martin Luther King Day. We're 14 00:00:45,760 --> 00:00:48,920 Speaker 2: joined by Reverend doctor Bernice King. She's the chief executive 15 00:00:49,000 --> 00:00:51,800 Speaker 2: officer of the Martin Luther King Junior Center for Nonviolent 16 00:00:52,159 --> 00:00:54,920 Speaker 2: Social Change, which is also known as the King Center. 17 00:00:55,320 --> 00:00:58,080 Speaker 2: She is the daughter of Martin Luther King Junior and 18 00:00:58,120 --> 00:01:00,560 Speaker 2: her mom, Coretta Scott King, founder of the King Center. 19 00:01:00,640 --> 00:01:04,080 Speaker 2: Doctor King, So nice to have you here with us. 20 00:01:04,360 --> 00:01:07,479 Speaker 2: You know, Monday for many it's a holiday. Well, nice 21 00:01:07,480 --> 00:01:09,560 Speaker 2: to have you here for many more. It's also a 22 00:01:09,600 --> 00:01:13,720 Speaker 2: reminder of our difficult past around race relations and discrimination. 23 00:01:14,319 --> 00:01:17,240 Speaker 2: What does the day mean to you honoring your dad? 24 00:01:19,920 --> 00:01:25,720 Speaker 3: Well, it's an opportunity, obviously for us to not just 25 00:01:26,240 --> 00:01:31,080 Speaker 3: commemorate his life, but to really look further into his teachings. 26 00:01:32,360 --> 00:01:34,800 Speaker 4: He was not just a civil rights leader, he was 27 00:01:34,840 --> 00:01:35,399 Speaker 4: a teacher. 28 00:01:36,640 --> 00:01:39,480 Speaker 3: He left us a blueprint as to how to create 29 00:01:39,480 --> 00:01:42,399 Speaker 3: a just, humane, equitable, and peaceful world. 30 00:01:42,920 --> 00:01:44,120 Speaker 4: And every year. 31 00:01:45,760 --> 00:01:48,040 Speaker 3: One of the things that I encourage is that we 32 00:01:48,080 --> 00:01:51,720 Speaker 3: study him more because he spoke about things that we 33 00:01:51,920 --> 00:01:56,200 Speaker 3: as a nation and world needed to do to fight 34 00:01:56,280 --> 00:01:59,280 Speaker 3: against what he saw as a triple equals of poverty, racism, 35 00:01:59,840 --> 00:02:04,160 Speaker 3: and militarism as a threat to our humanity. And so 36 00:02:04,320 --> 00:02:06,720 Speaker 3: here we are once again this year, and as we 37 00:02:06,880 --> 00:02:09,920 Speaker 3: inaugurate a new president. Those teachings don't change, they stay 38 00:02:09,960 --> 00:02:13,959 Speaker 3: the same. What we have to do is to connect 39 00:02:13,960 --> 00:02:16,840 Speaker 3: to them and to connect to the spirit of that 40 00:02:16,960 --> 00:02:19,239 Speaker 3: movement so we can continue to move our nation and 41 00:02:19,320 --> 00:02:20,120 Speaker 3: world forward. 42 00:02:20,480 --> 00:02:22,359 Speaker 2: I was going to ask you just to follow up. 43 00:02:22,400 --> 00:02:24,560 Speaker 2: You said, you know, your dad leaving us a blueprint. 44 00:02:24,560 --> 00:02:27,600 Speaker 2: How would you think he's doing how we are doing 45 00:02:27,639 --> 00:02:29,720 Speaker 2: today with that blueprint? 46 00:02:30,880 --> 00:02:33,480 Speaker 4: Well, you know, he said to us, and where do 47 00:02:33,520 --> 00:02:34,200 Speaker 4: we go from here? 48 00:02:34,280 --> 00:02:37,320 Speaker 3: Chaos the community in nineteen sixty seven, the book that 49 00:02:38,000 --> 00:02:44,160 Speaker 3: published then that we must find a way to live 50 00:02:44,240 --> 00:02:50,200 Speaker 3: together as brothers, and he meant humanity as brothers and sisters, 51 00:02:50,880 --> 00:02:53,720 Speaker 3: or together we would be forced to perish as foods. 52 00:02:55,000 --> 00:02:58,840 Speaker 4: And I think we've not found the way to do that. 53 00:02:59,000 --> 00:03:03,320 Speaker 3: I think he further divided around different ideologies instead of 54 00:03:03,400 --> 00:03:07,560 Speaker 3: trying to spend time learning in spite of our differences. 55 00:03:07,919 --> 00:03:09,240 Speaker 4: How do we live together? 56 00:03:09,400 --> 00:03:13,120 Speaker 3: How do we create a coexistence where we don't co 57 00:03:13,200 --> 00:03:14,880 Speaker 3: annihilate one another? 58 00:03:15,200 --> 00:03:15,400 Speaker 4: You know? 59 00:03:15,520 --> 00:03:21,040 Speaker 3: How do we create a world where everyone has decent 60 00:03:21,080 --> 00:03:24,600 Speaker 3: and affordable housing and access to healthcare? 61 00:03:24,919 --> 00:03:25,120 Speaker 2: You know? 62 00:03:25,160 --> 00:03:28,240 Speaker 3: How do we ensure that people who may end up 63 00:03:28,320 --> 00:03:31,040 Speaker 3: in the homeless population, how do we ensure that that 64 00:03:31,200 --> 00:03:34,440 Speaker 3: is short lived and we create a pathway to people 65 00:03:34,480 --> 00:03:39,400 Speaker 3: to to to reclaim their lives. How do we create 66 00:03:39,840 --> 00:03:42,920 Speaker 3: a fair distribution of wealth in this nation? He talked 67 00:03:42,920 --> 00:03:46,320 Speaker 3: about having a radical redistribution of wealth. He didn't talk 68 00:03:46,360 --> 00:03:48,280 Speaker 3: about it in the sense that we just have to 69 00:03:48,640 --> 00:03:52,000 Speaker 3: remove wealth from someone else, but we have to figure 70 00:03:52,000 --> 00:03:55,760 Speaker 3: out how do we balance our economy so that people 71 00:03:55,840 --> 00:03:59,680 Speaker 3: can have enough to do well, and then of course 72 00:03:59,720 --> 00:04:01,720 Speaker 3: he to talk about how do we respect who we 73 00:04:01,760 --> 00:04:06,200 Speaker 3: are from different cultures and different backgrounds. We'll never all 74 00:04:07,280 --> 00:04:10,400 Speaker 3: agree on everything, and we'll never all like each other, 75 00:04:11,000 --> 00:04:14,600 Speaker 3: we'll never all think alike, but we certainly can spend 76 00:04:14,640 --> 00:04:16,040 Speaker 3: time learning. 77 00:04:16,000 --> 00:04:16,960 Speaker 4: How to live together. 78 00:04:17,040 --> 00:04:20,120 Speaker 3: So that takes a lot of listening, curiosity, It takes 79 00:04:20,120 --> 00:04:22,240 Speaker 3: a lot of courage, It takes a lot of humility, 80 00:04:23,200 --> 00:04:25,520 Speaker 3: it takes compassion. These are all the things that he 81 00:04:25,600 --> 00:04:28,560 Speaker 3: taught us through the spirit and the heart of nonviolence 82 00:04:28,600 --> 00:04:29,919 Speaker 3: that he led that movement in. 83 00:04:30,200 --> 00:04:32,760 Speaker 1: Well, it's that last point that I want to talk about, 84 00:04:33,400 --> 00:04:37,360 Speaker 1: doctor King, because we've been talking about over the last 85 00:04:37,400 --> 00:04:42,320 Speaker 1: few months the dismantling of DEI programs at many companies. 86 00:04:42,680 --> 00:04:45,600 Speaker 1: If I just look at the stories that are one 87 00:04:45,640 --> 00:04:47,880 Speaker 1: of our reporters, Jeff Green has written in recent months, 88 00:04:47,880 --> 00:04:50,799 Speaker 1: here's some headlines. Walmart under fire from investors for cutting 89 00:04:50,880 --> 00:04:55,720 Speaker 1: DEI programs, Meta retreats from diversity and inclusion, appeasing Trump. 90 00:04:56,279 --> 00:04:59,880 Speaker 1: Amazon is halting some of its diversity and inclusion program. 91 00:05:00,640 --> 00:05:05,640 Speaker 1: McDonald's walks back DEI goals in latest corporate retreat. Other 92 00:05:05,720 --> 00:05:10,200 Speaker 1: companies including Deer and more, and we. 93 00:05:10,240 --> 00:05:13,640 Speaker 2: Talked about Corporate America, you know, did hire more black 94 00:05:13,680 --> 00:05:15,920 Speaker 2: workers for a while and then it stopped. 95 00:05:16,360 --> 00:05:18,560 Speaker 1: How do you like, how do you in an environment 96 00:05:18,640 --> 00:05:22,600 Speaker 1: such as this where seeing things seem to not necessarily 97 00:05:22,640 --> 00:05:25,600 Speaker 1: be going in that direction, how do you have optimism? 98 00:05:26,640 --> 00:05:30,200 Speaker 3: Well, always have optimism because there are always people, you know, 99 00:05:30,600 --> 00:05:34,680 Speaker 3: like Target and Costco and others, who who choose to 100 00:05:35,040 --> 00:05:38,159 Speaker 3: follow the pathway that we all know is for the 101 00:05:38,200 --> 00:05:41,599 Speaker 3: best of our nation and our world. But if we 102 00:05:41,680 --> 00:05:46,000 Speaker 3: don't have an inclusive economy as a nation, then we're not. 103 00:05:46,000 --> 00:05:48,320 Speaker 4: Going to survive in the global economy. 104 00:05:48,800 --> 00:05:50,200 Speaker 3: And so I think there are going to be some 105 00:05:50,240 --> 00:05:53,080 Speaker 3: hard realities we're going to be faced with in a 106 00:05:53,080 --> 00:05:58,400 Speaker 3: few years. If what those who have sought to remove 107 00:05:58,520 --> 00:06:03,640 Speaker 3: DEI have done, you know, it's going to show certain results. 108 00:06:04,160 --> 00:06:10,520 Speaker 3: I think it's up to certain courageous leaders to combine forces. 109 00:06:10,200 --> 00:06:11,960 Speaker 4: And stand against this. 110 00:06:12,839 --> 00:06:14,880 Speaker 3: It really, at the end of the day, is really 111 00:06:14,920 --> 00:06:17,920 Speaker 3: not about the language anyway, you know, It's about who 112 00:06:17,960 --> 00:06:19,920 Speaker 3: we are as a people. Do we have a love 113 00:06:20,000 --> 00:06:24,039 Speaker 3: centered way of leading our cultures? In Corporate America, you know, 114 00:06:24,320 --> 00:06:28,520 Speaker 3: in our educational institutions, when we look a lot around 115 00:06:28,800 --> 00:06:31,720 Speaker 3: at our different cultures, do we have everyone that's needed 116 00:06:32,480 --> 00:06:35,720 Speaker 3: in terms of representation at the table. You know, whether 117 00:06:35,760 --> 00:06:37,960 Speaker 3: you call it DEI, you call it representation, or you 118 00:06:38,000 --> 00:06:41,120 Speaker 3: call it a belonging culture or for us, the beloved community. 119 00:06:41,160 --> 00:06:44,240 Speaker 3: How do we create beloved community cultures? Because at the 120 00:06:44,320 --> 00:06:47,240 Speaker 3: end of the day, it's about the outcomes. So if 121 00:06:47,240 --> 00:06:51,560 Speaker 3: they remove the names, they remove what they call DEEI, 122 00:06:51,960 --> 00:06:55,360 Speaker 3: but then they are still committed to getting to certain outcomes, 123 00:06:55,600 --> 00:06:59,000 Speaker 3: then maybe there's no problem. But if removing it also 124 00:06:59,200 --> 00:07:01,920 Speaker 3: means that we're not going to ensure that we have 125 00:07:02,000 --> 00:07:05,560 Speaker 3: cultures that reflects who we are as a nation and 126 00:07:05,600 --> 00:07:08,760 Speaker 3: even as a world, then it just means those of 127 00:07:08,800 --> 00:07:11,280 Speaker 3: us who practice non violence are gonna have to organize 128 00:07:11,280 --> 00:07:13,920 Speaker 3: and stradle our chives and come up with plans to 129 00:07:14,000 --> 00:07:15,560 Speaker 3: put pressure where is needed. 130 00:07:15,720 --> 00:07:18,160 Speaker 2: Doctor King, what do you think white Americans still don't 131 00:07:18,240 --> 00:07:20,600 Speaker 2: understand about Black America today and what do you believe 132 00:07:20,640 --> 00:07:23,800 Speaker 2: it will take to achieve true racial equality. 133 00:07:24,600 --> 00:07:27,040 Speaker 3: Well, the first thing is Black America is not trying 134 00:07:27,040 --> 00:07:28,520 Speaker 3: to take anything from anybody. 135 00:07:28,880 --> 00:07:31,280 Speaker 4: I think that's the first thing people need to understand. 136 00:07:31,960 --> 00:07:35,680 Speaker 3: There's this threat, like you know, if Black America were 137 00:07:35,680 --> 00:07:37,640 Speaker 3: in charge, they will remove us and nothing can be 138 00:07:37,720 --> 00:07:40,440 Speaker 3: further from the truth. If you study the history of 139 00:07:40,440 --> 00:07:43,720 Speaker 3: our race, we've always been holistically. It doesn't mean there 140 00:07:43,720 --> 00:07:47,160 Speaker 3: are exceptions in every racial grouping. 141 00:07:47,840 --> 00:07:48,320 Speaker 4: But if you. 142 00:07:48,280 --> 00:07:50,920 Speaker 3: Study as a whole, we're very forgiving people. We are 143 00:07:51,160 --> 00:07:55,240 Speaker 3: very inclusive culture. We tend to stand, you know, with 144 00:07:55,360 --> 00:07:58,520 Speaker 3: what is right and what is fair and what is just. 145 00:07:59,520 --> 00:08:02,360 Speaker 3: And I think there's a misnomer that if we are 146 00:08:02,360 --> 00:08:04,640 Speaker 3: in these roles we may do what others do. 147 00:08:04,920 --> 00:08:05,600 Speaker 4: I think there's a. 148 00:08:05,560 --> 00:08:08,400 Speaker 3: Misnomer as to who we are that you know, we 149 00:08:08,600 --> 00:08:12,520 Speaker 3: just get jobs or we get opportunities just because we're black. 150 00:08:12,600 --> 00:08:13,800 Speaker 4: No, we're very qualified. 151 00:08:13,840 --> 00:08:16,680 Speaker 3: If you spend any time on social media, you see 152 00:08:16,720 --> 00:08:19,120 Speaker 3: the number of young children out of the black community 153 00:08:19,200 --> 00:08:23,800 Speaker 3: who are finishing college and getting PhD degrees when they're. 154 00:08:23,600 --> 00:08:25,720 Speaker 4: Not even fifteen yet. They're not even fourteen yet. 155 00:08:26,080 --> 00:08:32,040 Speaker 3: So we have a very intelligent, very skilled community. And 156 00:08:32,080 --> 00:08:35,120 Speaker 3: it doesn't take anything away from anybody else's community who 157 00:08:35,160 --> 00:08:39,280 Speaker 3: has intelligent and skilled individuals. And so the biggest thing 158 00:08:39,360 --> 00:08:42,280 Speaker 3: Daddy says a little very powerful. He said, people hate 159 00:08:42,280 --> 00:08:44,400 Speaker 3: each other because they don't know each other. They don't 160 00:08:44,440 --> 00:08:46,360 Speaker 3: know each other because they don't communicate with each other. 161 00:08:46,520 --> 00:08:49,640 Speaker 3: They don't communicate with each other because they're separated from 162 00:08:49,720 --> 00:08:52,720 Speaker 3: each other. And so as long as we keep division 163 00:08:52,800 --> 00:08:56,280 Speaker 3: and separation, then the myths can continue to be the truth. 164 00:08:56,640 --> 00:08:59,120 Speaker 3: So we have to find a way, as I said, 165 00:08:59,200 --> 00:09:01,840 Speaker 3: to learn to live together and across some of these 166 00:09:02,360 --> 00:09:06,800 Speaker 3: boundaries and not allow whatever every other commentary may say about, 167 00:09:07,080 --> 00:09:10,240 Speaker 3: you know, any community to rule the day. I need 168 00:09:10,280 --> 00:09:12,800 Speaker 3: to come and connect with you. I need to learn 169 00:09:12,840 --> 00:09:15,080 Speaker 3: more about it. I need to spend time with you. 170 00:09:15,360 --> 00:09:18,200 Speaker 3: I need to experience your culture. It doesn't mean I 171 00:09:18,240 --> 00:09:20,360 Speaker 3: may embrace all of it, but I have a greater 172 00:09:20,520 --> 00:09:23,240 Speaker 3: understanding of it. And I think that's what a love 173 00:09:23,320 --> 00:09:27,400 Speaker 3: centered person, a compassionate person, a curious person, Right, we're 174 00:09:27,400 --> 00:09:29,760 Speaker 3: doing a person more importantly who wants to see a 175 00:09:29,760 --> 00:09:30,320 Speaker 3: better world. 176 00:09:30,480 --> 00:09:32,280 Speaker 2: Well, you know, we we think about it. We've only 177 00:09:32,280 --> 00:09:34,000 Speaker 2: got about a couple of minutes left here, but we 178 00:09:34,040 --> 00:09:37,600 Speaker 2: are thinking about Martin Luther King Day on inauguration Day, 179 00:09:37,720 --> 00:09:42,480 Speaker 2: incoming President Donald Trump and what his administration might bring 180 00:09:42,520 --> 00:09:44,360 Speaker 2: in terms of policies and what it means for Black 181 00:09:44,400 --> 00:09:47,680 Speaker 2: Americans in equality in the United States. You know, we 182 00:09:47,800 --> 00:09:50,120 Speaker 2: kind of get the sense that your dad, you know, 183 00:09:50,600 --> 00:09:53,760 Speaker 2: tried to engage power to influence change. He seemed very 184 00:09:53,800 --> 00:09:58,000 Speaker 2: pragmatic and yet took those risks. Do you think your 185 00:09:58,040 --> 00:10:01,440 Speaker 2: father would try to engage with the right, the conservative right, 186 00:10:01,520 --> 00:10:03,839 Speaker 2: to get them to better understand the implications of their 187 00:10:03,840 --> 00:10:06,480 Speaker 2: positions or is that not even possible? And again only 188 00:10:06,480 --> 00:10:07,800 Speaker 2: about a minute and a half here. 189 00:10:08,400 --> 00:10:11,840 Speaker 4: Oh, it's always possible. Non violence believes in the impossibility. 190 00:10:11,880 --> 00:10:16,160 Speaker 3: Non violence actually can help overcome what seems to be impossible. 191 00:10:16,360 --> 00:10:17,720 Speaker 4: So through strategy and plan. 192 00:10:17,800 --> 00:10:20,640 Speaker 3: When he went to see Johnson, and Johnson said, look, 193 00:10:20,920 --> 00:10:22,959 Speaker 3: I've done as much as I come the civil rights right. 194 00:10:23,000 --> 00:10:25,320 Speaker 3: Now I can't get the votes on voting rights. Daddy 195 00:10:25,360 --> 00:10:26,880 Speaker 3: went back and said, well, we're gonna have to get 196 00:10:26,920 --> 00:10:28,880 Speaker 3: him some power. We're gonna have to help him figure 197 00:10:28,920 --> 00:10:31,240 Speaker 3: that out. So in this administration, we got to figure 198 00:10:31,240 --> 00:10:33,480 Speaker 3: out where are the connection points. You know, who are 199 00:10:33,480 --> 00:10:35,920 Speaker 3: the people in the administration we might be able to 200 00:10:36,000 --> 00:10:39,119 Speaker 3: have access to who may understand that can then translate 201 00:10:39,160 --> 00:10:39,760 Speaker 3: the message. 202 00:10:39,880 --> 00:10:42,920 Speaker 4: It's about strategy and nonviolence helps you with that. 203 00:10:43,120 --> 00:10:47,480 Speaker 2: Do you have faith in the Trump administration helping out 204 00:10:47,840 --> 00:10:48,720 Speaker 2: the black community. 205 00:10:49,440 --> 00:10:52,120 Speaker 3: I have faith in God, and I believe in the 206 00:10:52,200 --> 00:10:56,800 Speaker 3: power of a collective conscience that is committed to freedom, 207 00:10:56,960 --> 00:10:59,480 Speaker 3: justice and quality. And I believe it is possible. That's 208 00:10:59,520 --> 00:11:05,360 Speaker 3: why is you know, mission possible. Protecting freedom, justice and equality. 209 00:11:05,559 --> 00:11:08,640 Speaker 3: Excuse freedom, justice and democracy through the spirit of non 210 00:11:08,760 --> 00:11:11,439 Speaker 3: violence three sixty five, which is Kingya. Non violence is 211 00:11:11,480 --> 00:11:13,120 Speaker 3: taught and demonstrated by my father. 212 00:11:13,360 --> 00:11:15,079 Speaker 4: That's what I have faith in, Doctor King. 213 00:11:15,280 --> 00:11:17,280 Speaker 2: Just twenty five seconds left here. What do you hope 214 00:11:17,280 --> 00:11:19,600 Speaker 2: every American kind of thinks about when it comes to 215 00:11:20,760 --> 00:11:21,560 Speaker 2: our country here? 216 00:11:22,400 --> 00:11:26,360 Speaker 3: I want them to remember that as a humanity, we 217 00:11:26,480 --> 00:11:29,400 Speaker 3: have been to these places before. Maybe not literally us, 218 00:11:29,640 --> 00:11:34,000 Speaker 3: but human beings have been in difficult, challenging times. We 219 00:11:34,120 --> 00:11:38,520 Speaker 3: come from those individuals, and we too have the capacity 220 00:11:38,880 --> 00:11:41,320 Speaker 3: to rise to the occasion and meet the challenges and 221 00:11:41,400 --> 00:11:42,840 Speaker 3: move our nation and worw forth. 222 00:11:43,080 --> 00:11:45,160 Speaker 2: Thank you so much for finding time for us. Our 223 00:11:45,160 --> 00:11:48,360 Speaker 2: thoughts with you, certainly as we prepare for the holiday 224 00:11:48,480 --> 00:11:51,200 Speaker 2: and to mark his memory and his legacy on Monday. 225 00:11:51,360 --> 00:11:54,560 Speaker 2: That is Reverend Doctor Bernice King, chief executive Officer of 226 00:11:54,640 --> 00:11:58,600 Speaker 2: the King Center, joining us from Atlanta. This is Bloomberg, 227 00:12:02,400 --> 00:12:02,719 Speaker 2: you know,