I've always felt labels such as "female-led", "female-owned", "<insert minority-led>" do the opposite of what they intend to do. That is, they paint a picture that this minority group is not capable enough and need a lot of hand holding so everyone please bias your decisions towards their success to the detriment of other groups.
If that's not enough, currently there are few repercussions for false sexism/racism accusations. I've seen some men lose their career even though the accusations turned out to be a coordinated revenge and were false.
All these together makes dealing with a minority group a lot risky and potentially a headache.
I believe the solution is to keep existing anti discriminatory laws but also ensure false accusations are sufficiently punished/disincentivesed
Instead we created African-Americans, Italian-Americans, Jewish-Americans, Gay-Americans, Straight-Americans, Native-Americans, etc, and everyone is out for themselves. And everyone is against one another.
Female-led, Black-led, Latino-majority, who gives a fuck. Do your job better than yesterday if you even want a chance of someone giving a fuck.
Racism is not something you fight with laws, racism and sexism is something you fight with actions. Promoting a "black-business" is not integration, just imagine being proud of having a "white-business". Promoting a "female-business" is not fighting sexism, imagine having a male only policy on anything and thinking you are helping.
If we could forgo with the labels we would relieve so much pressure from society it's not even funny any more.
Imagine a society of squirrels and hamsters where squirrels have been oppressing hamsters for centuries. Then, one day, they decide to stop doing that and treat everyone the same.
On average, a young squirrel will come from a family that is vastly richer and better educated than a young hamster. So, if they have to compete "fairly", the hamsters will remain much poorer for centuries more.
This leads to a need to rebalance those two groups, and that rebalance means artificially propping up hamsters. Ideally, we would want to get to a world where the young squirrel and hamster can, on average, compete "fairly"... I have no idea how to achieve that while minimizing the negative side effects.
And well, they aren't entirely wrong, but they aren't entirely right either. Society has obligations which can last longer than a single generation. If society has systematically oppressed and made one group poorer, then society has the obligation to make it right. So yes, squirrels have the societal obligation to make it right for the hamsters, even if none of the original opressing squirrels are even alive.
What makes me sad is when I hear stories like this - a young man who's passionate about some field got rejected even though he had a higher exam score. He put more time, more passion and more effort into it and yet it doesn't matter because his race-gender category is overrepresented. How can we discount personal effort in the name of justice?
Let me go back to my example of Germany - German youth are very passionate, work very hard, they put in more time and passion into things....and yet can't have nicer living conditions, can't have better social care, better roads, better healthcare, better education, because their country is paying their taxes into foreign coffers for something that their grandparents did. Once again I ask you, how is that fair to those young people who like you said - are very passionate and very hard working, now have to be denied certain things they want and pay for? They are the ones losing out for something they haven't personally done.
It's the same here. Yes, I'm truly sympathetic that a kid can get rejected from college because they are from the "wrong" social group, at absolutely no fault of their own. I truly am. But if society wants to repay its debt for the damages caused then that's one of the ways of doing this.
The other solution, of course, is to create enough places in higher education that no one gets rejected for any reason. But that's a system Americans are unwilling to pay for, so that's not a solution within that context.
As an Asian-American, I reject that Asians and other immigrants should be required to pay for the sins, whatever they may be, that white Americans have visited on black Americans in the past. If you're Asian and you're reading this, vote people who think as the above poster do out of office and make it clear why. We earned our place through hard work and education to become so capable that we couldn't be ignored in spite of racism against us. There's no reason we should be forced to sacrifice that for the ideological goals of others.