Racial Capitalism with Saqib Bhatti

Uncover the disturbing realities of racial capitalism and state violence with host Koki Mendis and Saqib Bhatti, co-executive Director of the Action Center on Race and Economy (ACRE). Bhatti’s insights illuminate the distressing crossroads where austerity programs, mass incarceration, and a negligent police state meet. Throughout the conversation, Bhatti exposes the dangerous influence of corporations on public services and their contribution to the rise of a racialized policing system. We discuss ways in which over policing and mass incarceration uphold racist wealth and inequality and strategies available to us on the left to contest power and advance redistribution. We explore how austerity programs that reduce social safety nets and inflated budgets for incarceration and policing have created a relationship of criminalizing people instead of providing support and care. Technologies like ShotSpotter, which claims to  detect gunshots accurately, are not only rife with inaccuracies, but also operate on the myth that more policing leads to flourishing and safer communities.

The second part of our conversation pivots to the ways rideshare giants, Uber and Lyft, have upended the taxi industry, including how these corporations avoid responsibility for drivers’ employment conditions, and the consequent fallout for the predominantly immigrant workers who previously made their living as full-time taxi drivers. We further examine the related trend of companies being bought out by private equity firms, which can lead to workers losing their pensions and benefits while shareholders profit. Bhatti provides unique insights into the ensuing destabilization and the worrying trend of private equity firms buying failing corporations and profiting from their debt. 

We also explore how organizing labor, renter, and debtor unions can help build worker power and solidarity across economically marginalized groups. Finally, we consider the role of non-traditional unions in amassing and aggregating collective power to fight against corporations.

EPISODE RESOURCES

• Murdered Behind the Wheel: An Escalating Crisis for App Drivers by Gig Workers Rising, PowerSwitch Action, and Action Center on Race and the Economy
• “What Does It Mean to Dismantle Racial Capitalism Anyway?” by Saqib Bhatti and Bree Carlson
• “Remaking the Economy: Race for Profit” an NPQ webinar recording with Maximillian Alvarez, Saqib Bhatti, and Bree Carlson
• “Austerity Kills” a PRA webinar recording with Saqib Bhatti, Lauren Jacobs, Daniel HoSang, and Donald Cohen
• STOP ShotSpotter coalition to end ShotSpotter and build community-led responses to address the root causes of gun violence

--------- EPISODE KEYWORDS ---------

Racial Capitalism, State Violence, Austerity Programs, Mass Incarceration, Policing System, ShotSpotter, Uber, Lyft, Taxi Industry, Private Equity Firms, Anti-CRT, Critical Race Theory, Labor Unions, Renter Unions, Debtor Unions, Economic Interests, Collective Power, Wealthy Corporations.