Share Funny Videos, Images, Memes, Quotes and more

White capitalism

This is just called capitalism.

In 1800, 80% of the world lived in extreme poverty. Now it's under 10%.

Fact is, the vast majority of the so-called "exploit[ed]masses" rose out of poverty over the same period of time that capitalism established itself as the primary economic system the world over.

So who were they all exploiting, to get out of poverty? Each other?

"Black capitalism" is historically the approach of some African American* communities and individuals to resist racial oppression by embracing capitalism and out-competing whites in it, essentially. This met its most famous manifestation in Tulsa, Oklahoma, which developed a wealthy black capitalist class, but neighboring white towns got mad at this and basically leveled a good portion of the town and killed many people. For reasons beyond me, some liberals hold up Tulsa as some wonderful thing and proof that black people should just be more engaged in capitalism, and they ignore how the experiment ended.

The most famous "black capitalism" proponent is the Jamaican-born American Marcus Garvey, who some Rastafarians worship as a prophet. To poison the well immediately, he was supported by the KKK in his projects to send African Americans "back to" Africa, because their ideologies and aims of ethnonationalism broadly aligned.

*It's mostly an American thing, but it's not exclusively an American thing by any means

Capitalism has always had a form of race, but it's a social hierarchy.

Class.

It has always been class. The lie that gets sold to middle America is that one day, they too will be of a higher class.

agitprop does tend to get miscategorized, but "capitalism didn't solve white poverty," as-rendered there, registers to me as a grim punchline.

It is past September.

Not to imply that ethnic/cultural tensions never existed before in history, but capitalism created racism as a tool of oppression, and of pitting working class people against each other.