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Rich Thanks to RacismHow the Ultra-Wealthy Profit from Racial Injustice$
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Jim Freeman

Print publication date: 2021

Print ISBN-13: 9781501755132

Published to Cornell Scholarship Online: September 2021

DOI: 10.7591/cornell/9781501755132.001.0001

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Strategic Racism

(p.1) Introduction
Rich Thanks to Racism

Jim Freeman

Cornell University Press

This chapter sheds some light on strategic racism and identifies who is doing it, and why. It demonstrates that while the problems Americans face are severe, they are also eminently fixable, particularly if more people remember that the injustice being engineered by the group of billionaires and multimillionaires has not been limited to people of color. The chapter introduces how powerful a tool racial injustice has been for the ultra-wealthy in advancing their economic and political interests. It reveals that while such sordid realities are rarely mentioned in the public discourse, it was nevertheless true that there was a lot of money being made off of this type of large-scale cruelty. Ultimately, the chapter argues that the horrific form of modern-day racism was not adequately captured by the term “systemic racism.” It suggests that persistent racial inequities are merely the accidental byproducts of our economic and political systems. In reality, what the ultra-wealthy have been doing was worse than that, because behind all of the billions of dollars in investments they were making in opposition to communities of color, there was intentionality. There was strategy.

Keywords:   strategic racism, racial injustice, ultra-wealthy, people of color, modern-day racism, systemic racism

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