Economic Racism

Economic racism refers to the systemic barriers and unequal opportunities that marginalized racial groups face in earning, wealth accumulation, and economic mobility. These disparities are often rooted in discriminatory policies, practices, and social biases that limit access to quality education, employment, credit, and fair wages for certain racial communities. As a result, economic racism perpetuates poverty and gaps in wealth, making it harder for affected groups to achieve financial stability and upward mobility compared to more privileged groups.