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Could someone please explain why the roots of racial and ethic antagonism lie in economic inequality and conflict?

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Could someone please explain why the roots of racial and ethic antagonism lie in economic inequality and conflict?

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I’ll assume ethic was supposed to be ethnic. Whites believed blacks and Asians to be inferior because they were never given an opportunity. They just figured “Well, non-whites can never succeed anyway, so we don’t need to pay them or educate them. The money and education has more purpose with us.” And because non-whites had much less money and education, they had very little to invest, assuming they even knew how. Whites really didn’t feel any hatred of non-whites until they began to respond to economic inequality, normally through theft. Whites just felt non-whites were inherently inferior, and there was nothing anyone could do about it. Non-whites obviously resented white power, and once non-white crime began rising exponentially, whites started hating non-whites back.

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