Doesn capitalism promote racism?
No. (If you’ve begun to notice a pattern in these answers, its because there is one. Without exception, all accusations that are leveled against capitalism are false and are ironically a product of the abrogation of capitalism.) Many fear that under a system of laissez-faire capitalism — without legal penalties for racism in the workplace — many employers will refuse to hire minority workers even when they are better qualified for the job. Yet the exact opposite is true. It is capitalism that operates so as to make all forms of irrational discrimination economically unsound, and it is state intervention into the economy that impedes poorer minorities from achieving economic advancement. The driving force driving all economic activity under capitalism is the profit motive: firms want to maximize their profits at all times. The simple fact is that it would not be in the economic self-interest of companies to hire white workers who are less qualified than minority workers for the same w
