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Takia Hollowell: Is Capitalism Inherently Racist?

Takia Hollowell: Is Capitalism Inherently Racist?

From KiraDavis.net

“But more importantly, racism is a key mechanism for the stabilization of capitalism and the legitimization of inequality.”

-Michael Reich, Professor of Political Economy at U.C. Berkeley

Is capitalism inherently racist?  Unless you’ve been living under a rock for most of your life, there have been many references to America being a white capitalist system. People like Michael Reich have built the case that it is indeed.  In his 1974 article entitled, The Economics of Racism he insisted that blacks are systematically subjugated in capitalist societies.  How silly.  The article goes on to list half truths and selective statistics to support his supposition by the way.

Behind almost every argument against capitalism and its alleged ties to racism is a Marxist.  Lo and behold on the front of Reich’s article is this statement, “Reich believes this analysis to be based on ideas from Marx….” These Marxists are busy at painting capitalism as racist as they write many books and articles on this subject:

Socialists are the common denominator in all of these articles.  If this isn’t enough to convince to you, I’d challenge any disbeliever to cruise the Progressive Labor Party’s website (ww.plp.org) where they openly claim to be Communists.  They also openly claim that, “Capitalism uses racism to super-exploit black, Latino, Asian and indigenous workers, and to divide the entire working class.”

If Marxists can convince a particular race that an economical system is implicitly against their best interests; would it not create a natural hostility towards free markets and an acceptance of big government policies?

The answer is an astounding yes!…

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Posted by on June 15, 2012 in Featured Guest blogs, Politics

 

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