Racism and Capitalism

Racism is the prejudiced belief that certain races are inherently superior or inferior, leading to discrimination and inequality. Capitalism is an economic system where private individuals or businesses own resources and aim to generate profit through market competition. When combined, capitalism can inadvertently perpetuate racism by fostering economic disparities that disproportionately impact marginalized racial groups. For example, systemic biases can limit opportunities for some racial communities, reinforcing social and economic inequalities. Recognizing this interplay helps us understand how economic systems and social attitudes can reinforce racial injustice, highlighting the need for fairness and equitable policies.