Look at the past history of U.S capitalism! Isn capitalism associated with racism, homophobia and sexism?
There is no causal correlation between capitalism and racism. Of course in the past there was terrible oppression, but there was oppression under all kinds of systems, not just capitalism. Fascism is not a form of capitalism. In fact the most severe forms of ethnic oppression in history have taken place under communism. For instance Stalin brutally oppressed Jews and many other ethnic groups. Libertarian capitalism was defined to mean rights equal for all persons, irrespective of sex, sexuality or race.
