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Intelligence Squared
Is Capitalism Racist?
Dec 11, 2023
Arun Kundnani, a writer and NYU professor, dives deep into the relationship between capitalism and racism. He critiques current anti-racism strategies, urging a shift towards addressing systemic economic inequalities. Kundnani explores the historical roots of anti-racism, highlighting the limitations of liberal approaches. He discusses the impact of neoliberalism on immigration policies and public perception of race. Alongside journalist Ruchira Sharma, they advocate for a grassroots movement that tackles the structural roots of racism beyond mere policy changes.
49:11
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Quick takeaways
- The liberal tradition of anti-racism, focusing on individual prejudices and unconscious biases, fails to address the broader structures of racism and inequality.
- Neoliberalism and racism are interconnected, with neoliberalism maintaining boundaries to prevent demands for social justice and perpetuating systemic racism and neo-colonialism.
Deep dives
Different traditions of anti-racism
There are two different traditions of anti-racism: a liberal tradition and a radical tradition. The liberal tradition, which focuses on individual prejudices and unconscious biases, has become dominant in institutions and emphasizes diversity training and educational initiatives. However, this tradition is seen as more harmful than helpful, as it fails to address the broader structures of racism and inequality. On the other hand, the radical tradition of anti-racism calls for collective action and focuses on dismantling systemic racism, exploring issues such as racial capitalism, policing, borders, and economic disparities.
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