Final answer:
Market pressures, such as the risk of losing employees to competitors offering better wages, can incentivize a discriminatory business to change, but this alone may not be sufficient in deeply ingrained discrimination scenarios.
Step-by-step explanation:
Market forces can serve as a compelling reason for a discriminatory business to amend its ways. For example, a business that is underpaying its workers due to discrimination might start losing employees to competitors who offer fair and superior wages. This loss of workforce becomes a market pressure and could potentially incentivize the discriminatory business to offer better pay and work conditions in order to retain its employees.
However, as noted by economist William A. Darity Jr., sometimes market pressures alone are not sufficient to change discriminatory practices, particularly in scenarios where there is no direct customer contact or where the employment discrimination is deeply rooted in societal norms, such as wage disparities observed in different demographic groups. Changes to such businesses' behavior may require more than just market forces, possibly including regulations, societal pressure, and education on the value of diversity and equality.