An Open Discussion on Money & Racism in the US

Rascism

 

 

 

 

money

Racism and Money are both topics that spur much dialogue, debate, research, controversy, and a plethora of emotions.

Although some people believe that we are now a “post racist” society, there are many who still believe that because of historical institutional contexts, racism still very well exists in today’s society.

Moving along to the subject of money,

even typing the phrase “money in America” into Google brings forth a wide array of topics, resources, and information from images of the US dollar, to articles on the use of money as a form of social control, to money and politics, and even wealth inequality in America.

So let’s once again combine the two concepts “Money and Racism.” When I first think of these two concepts together, my mind instantly tries to make a correlation between the two and prompts instant questions like: Is money one of the institutional ideologies that contribute to racism? Is money one of the major reasons for the proliferation of racism in America? How did money and racism contribute to the success and decline of slavery in America? Does racism play into the economic disparities among racial/ethnic groups in the US? Is money a system of social control that involves racism in some way?

Again, there are certainly opposing views and opinions about all of these questions. In my opinion, our capitalist society yields both positive and negative influences on our economic and social positions as a nation, and racism definitely plays into this. We cannot deny that there is economic disparity within this country that is directly tied to racism. We also cannot deny that there are systems of oppression in place that contribute to the disparity of wealth but also contribute to the inability for certain people to progress economically. This means that our ideal of capitalism that we hold so near and dear in society is tainted and distorted.

One thing I believe that we can and should do is discuss this issue in a civil manner. While I continue to explore the correlation between these two concepts, feel free to take a look at other viewpoints/sources of info. on the web and comment that I have provided below.

I believe this to be a fascinating topic of discussion that is long overdue on BBS. Will you contribute to the discussion? Your contributions are strongly encouraged!

  1. American Money: The Economic Origins or Racism from BET News :   http://www.bet.com/news/national/2013/02/05/american-money-the-economic-origins-of-racism.html
  2. Racism is About Money and Power: The Race Card Project : http://theracecardproject.com/racism-money-power/
  3. Racism Influences How People Deal with money: Jezebel: http://jezebel.com/5795514/racism-influences-how-people-deal-with-money

2 thoughts on “An Open Discussion on Money & Racism in the US

  1. Racism is perhaps emphasised when people have money. One might even consider the rich vs the poor just another form of racism. The thing about it is when you are wealthy today, it doesn’t matter what color a person may be if they are poor, they are unlike the rich and the rich enjoy being rich.
    there has also been some thinking that being rich is just like being white, because you can separate yourself from whatever you dislike because money will allow you to do so.

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