Financial History Issue 123 (Fall 2017) | Page 22

The Rise and Fall of Activist Entrepreneurs By Joshua Clark Davis Ron and Jay Thelin found taking LSD for the first time absolutely transformative. LSD, the brothers believed, could “change the consciousness” of the nation and inspire Americans to reject the aggression they thought had driven the country to war with Vietnam. As Jay explained, “We can no longer identify with the kinds of activi- ties that the older generation are engaged in… They have led to a monstrous war in Vietnam, for example. And that’s why it’s all related — the psychedelics and the war, the protesting, the gap in the generations.” In January 1966, the Thelins opened the Psychedelic Shop in San Francisco’s Haight-Ashbury district with the primary hope that they could “provide materials that would allow you to have a good trip” and safely experiment with acid. The Psy- chedelic Shop sold pamphlets and books on LSD, as well as religious texts from Asia, brightly-colored posters, beaded necklaces and smoking papers. When Cal- ifornia’s legislature voted to outlaw LSD, Ron co-organized the Love Pageant Rally, which drew hundreds of people to protest the move by dropping acid in unison in Golden Gate Park. Yet the more the Thelins’ shop attracted customers, the less the Thelins seemed to care about making money. After a year in business, they replaced a large portion of merchandise with a meditation room. The store welcomed anyone in the Haight to spend as much time as he or she wanted in the store’s Calm Center without having to make a purchase. The Psychedelic Shop was not alone in blending business goals with political objectives. In the summer of 1968, veteran members of the Student Nonviolent Coor- dinating Committee (SNCC) opened the Drum and Spear Bookstore in Washing- ton, DC, specializing in works by writers of African descent. In addition to its brick- and-mortar store, Drum and Spear ran a brisk mail-order distribution business for other black booksellers and by 1969 even launched its own publishing company, with headquarters in Washington, DC, and Dar Es Salaam, Tanzania. Drum and Spear was commercially ambitious, yet it was operated by a non-profit organiza- tion, Afro-American Resources, Inc. “We don’t define profit in terms of money,” said SNCC activist and store co-founder Charlie Cobb. “The profit is the patronage of the community, which allows the store to self-support.” Most critically, Drum and Spear aimed to pro- vide its customers with “access to the right kind of information about the black movements, people and their history.” In 1972, Coletta Reid and Casey Czarnik launched Diana Press, a print shop in Baltimore with the primary goal of “free- ing women entirely from male printing establishments.” Reid and Czarnik joined forces with several other women active in local lesbian-feminist groups to form a collective to operate the press. Each woman in the multiracial collective earned $100 for a month’s work and reinvested most of that salary back into the business. As one staffer recalled, the press “didn’t worry about making money, or our profit margin.” Within a few years, Diana Press had become one of the leading publishers in the women’s movement. “Although we are committed to remaining financially