“Racism is integrally linked to capitalism. And I think it’s a mistake to assume that we can combat racism by leaving capitalism in place. As Cedric Robinson pointed out in his book Black Marxism, capitalism is racial capitalism. And, of course, to just say for a moment, that Marx pointed out that what he called primitive accumulation, capital doesn’t just appear from nowhere. The original capital was provided by the labor of slaves. The Industrial Revolution, which pivoted around the production of capital, was enabled by slave labor in the U.S. So, I am convinced that the ultimate eradication of racism is going to require us to move toward a more socialist organization of our economies, of our other institutions. I think we have a long way to go before we can begin to talk about an economic system that is not based on exploitation and on the super-exploitation of Black people, Latinx people and other racialized populations.”
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