this post was submitted on 09 Oct 2024
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Late Stage Capitalism

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[–] Maggoty@lemmy.world 2 points 1 week ago

So if I'm reading correctly this is a just "Capitalism is built on Racism, and we can't end Racism without ending Racial Capitalism." But stated in a more inflammatory way. Probably to draw attention.

The idea actually goes back to way before capitalism was officially invented. They use the word capital here in it's business meaning and only partially in it's ideological meaning. They point out that the idea of centralizing the control of land and capital goes back to feudal states and was the reason Europeans started deciding who was superior and who was inferior.

It's certainly a new way for me to look at the 100 years war and the Protestant/Catholic wars.