From Wikipedia, racism is defined as:
"Racism is a belief in the moral or biological superiority of one race or ethnic group over another or others.[1] The term racism is also sometimes used to refer to preference for one's own ethnic group (ethnocentrism)[2], fear of difference (xenophobia), views or preferences against interbreeding of the races (miscegenation)[3], and nationalism[4], regardless of any explicit belief in superiority or inferiority fact."
Capitalism, from Wikipedia:
"Capitalism is an economic system in which the means of production are mostly privately owned, and capital is invested in the production, distribution and other trade of goods and services, for profit in a competitive free market. These include factors of production such as land and other natural resources, labor and capital goods."
Neither of those definitions have anything to do with each other. It could be argued that the means of production are (or were at one point) held by members of one race, however, that has nothing to do with the system, rather, it is a description of the state of affairs at the specific time in question.
Capitalism, as an economic idea, is race-neutral - it is about private ownership of industry - period.
2006-10-02 02:25:14
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answer #1
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answered by ³√carthagebrujah 6
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