Capitalism and Racism

Capitalism is an economic system where private individuals or businesses own resources and operate for profit, driven by competition and market forces. Racism involves prejudiced beliefs or discrimination based on race, which can influence social policies and interpersonal interactions. When combined, racism can shape economic opportunities, restrict access to resources, and perpetuate inequalities within capitalist systems. This can result in marginalized racial groups facing barriers to wealth, education, and employment, reinforcing existing social and economic disparities. Understanding both concepts helps recognize how economic systems and social biases intersect, impacting fairness and social justice.