Capitalism and the Racial Order

Capitalism is an economic system where private individuals own and control resources and businesses, aiming for profit. The racial order refers to societal structures that create and maintain racial hierarchies, often privileging some groups over others. When combined, capitalism and the racial order can reinforce inequalities: economic systems may benefit certain racial groups while marginalizing others, leading to disparities in wealth, opportunities, and social status. Understanding their relationship helps explain persistent social injustices and highlights the importance of addressing both economic and racial inequalities simultaneously.