I think so.
> How much profit would have been lost if a company was public about supporting blacks and upsetting the white supremacist culture of the time?
In the 1970s? No idea. I didn't have a well formed brain until the 2000s.
> That's why I say you can't really disentangle culture and regulation.
Definitely. One depends on the other, and our commercial maximalist culture is reflected in our laws.