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Get the capitalismmug. A social and economic system of removing social and economic value using markers associated with race (e.g. such as dark skin or people of African descent) while attributing social and economic value using markers associated with race (e.g., white/light skin or people of European descent).
Example - Wealth is assigned to predominately white U.S. neighborhoods at higher rates than predominately Black, Hispanic, or Latinx neighborhoods. As more middle and upper class White families move into neighborhoods (gentrification) the property values increase but the reverse happens when Black families move into formally homogenized White neighborhoods.
See Cedric Robinson and Charles Mill's work around racial capitalism.
Example - Wealth is assigned to predominately white U.S. neighborhoods at higher rates than predominately Black, Hispanic, or Latinx neighborhoods. As more middle and upper class White families move into neighborhoods (gentrification) the property values increase but the reverse happens when Black families move into formally homogenized White neighborhoods.
See Cedric Robinson and Charles Mill's work around racial capitalism.
Racial capitalism has assigned value to Whiteness in that those of European descent are often given lower interest rates on loans than those who are not.
by EquityLLC February 9, 2022
Get the racial capitalismmug. The problem with it is that the bureaucracy is an apathetic floodgate against the perpetual need of the populous rather than expedient service providing system. The same with the Healthcare system.
Hym "Ok, to use that as an example is so intellectually dishonest. 'If we give poor people money they'll end up coked out in a ditch' The people who are doing that are already going to do that. You just demolished your own argument with Ben's gun control argument. 'We can't ban guns because bad people will get guns anyway'. The people who would be junkies are already junkies. So, nobody gets any money just because some people will use the money for evil!? I might need money to not die one day! Now replace the word money... with the word gun... Here- I'll just do it for you. 'So, nobody gets any guns just because some people will us the money for evil!? I might need guns to not die one day!' See that? It may be primitive but at least it's not self-defeating. How much did they give to elon in carbon credits? Is it more than 3 billion?
Hym "Ok, to use that as an example is so intellectually dishonest. 'If we give poor people money they'll end up coked out in a ditch' The people who are doing that are already going to do that. You just demolished your own argument with Ben's gun control argument. 'We can't ban guns because bad people will get guns anyway'. The people who would be junkies are already junkies. So, nobody gets any money just because some people will use the money for evil!? I might need money to not die one day! Now replace the word money... with the word gun... Here- I'll just do it for you. 'So, nobody gets any guns just because some people will us the money for evil!? I might need guns to not die one day!' See that? It may be primitive but at least it's not self-defeating. How much did they give to elon in carbon credits? Is it more than 3 billion?
It's bad for people to shoot the government's (The people's) money into their arms but the greatest thing ever when they shoot it into space? So, no, that's not a reason to NOT redistribute wealth to the bottom of the hierarchy. Yes the money is already being redistributed BUT where is it being redistributed to a place that it SHOULDN'T BE? (See the through-line there?) That's the core issue here. Does elon need it more than any random poor person? To NOT GO BANKRUPT? Yes... Yes, absolutely... In general? No. I also don't think that the redistribution need to come from the government, but rather, the employers or from the employers by way of the government. If the government is giving you money (in any form) you should be paying it back to the people the government to the money from.... I forgot to use the word 'Capitalism'... Oops... Aw shit... Too many characters..."
by Hym Iam February 27, 2023
Get the Capitalismmug.