An excerpt from a podcast interview with Robin D.G. Kelley, professor of American History at UCLA (interview on The Intercept, June 24, 2020).
…racism is a by-product of capitalism. That is, capitalism emerges and racism is a way to divide workers. It’s a way to extract greater value from, say, enslaved people, Indigenous people, etc. But what Cedric argued was that the grounds of the civilization in which capitalism emerges is already based on racial hierarchy. If you think of race as assigning meaning to whole groups of people, ideologically convincing others that some people are inferior to others, that some people are designed as beasts of burden, then what you end up getting is a system of extraction that allows for a kind of super-exploitation of Black and brown people. And racial capitalism also relies on an ideology or racial regime, and the racial regime convinces a lot of white people, who may get the crumbs of this extraction through slavery, through Jim Crow, convince them to support or shore up a regime that seems to benefit whiteness based in white supremacy but where their own share of the spoils is actually pretty minuscule. Continue reading “Racial Capitalism”