There are wealthy Black, Hispanic, Asian, etc. families that have been multimillionaires for a few generations (maybe even billionaires), but my question is: how did these Black and other families of color maintain their wealth through racist times?
Racist ideology is a tool used by the rich to divide the poor.
If you’re rich enough, you’re “one of the good ones”.Racist ideology is a tool used by the rich to divide the poor
I don’t think this is true most of the time.
In the case of black people in america though, we see that most of the hate towards them is via ideas of them being criminals or poor and lazy. If you’re rich, you circumvent all three of these things. (Because rich people apparently can’t be criminals heh) Whoopee!
I think rich people generally don’t start shit with their neighbours or social circle, rather if they do it’s more like passive aggresive shit that all neighbours are made to suffer equally. So that might be part of it.
Racism is largely a tool BY the wealthy elite to divide the poorer class. If you are in the elite, you don’t participate in it.
I mean, you are technically still benefiting from the racist systems set up by the elite even if you are working class, so you’re still technically (unwittingly) participating in it. But you can (and should) still do your best to not actively advance the system.
Segregation actually helped with that. While most communities were exploited and failed, some took off.
Or got bombed to hell
Tulsa and Wilmington are two examples of reactions to black people starting to build themselves up, as per the American Dream.
And as an NC grade school student, do you think Wilmington was mentioned at all in any history class? But we learned all the governor names…
Don’t forget the “war on drugs.”
Oh yeah, classic Nixon. Afterwards repeated and finetuned by Nancy and Ronald McDonald
You know that there are countries where the majority of people are Black (ie all of Africa…), or majority of people are Asian (ie all of Asia…), or majority of people are Hispanic (ie LatAm… not to mention that “Hispanic” is not a racial category in LatAm—there are white settlers, indigenous people, Black people, etc in LatAm too), right? You know that non-white countries also colonise and plunder, and may have colonial wealth from that (eg Japan)? You know that inequality and class exist in these countries and some families will be wealthy for the same reason that families are wealthy in majority-white countries? And you know that white supremacy is not the only racist system in the world—in a place where Hindu nationalism is the order of the day, for example, being a brown Hindu is not going to cause you disadvantages in society.
“Old money” vs. “New money” is a particularly American concept, though.
I don’t think I’m familiar with the term. If it just means inherited wealth, though, I’m afraid that’s a thing everywhere there’s private property.
Nah
Yuh
Black people of wealth maintain that wealth by exploiting labor.
So do whites, what’s the point?
Money can be a great whitewasher.
Also you have the means to easily move out of a country and into a more pleasant clime
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Money transcended race or…
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They were murdered and white people stole their wealth.
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Take a wild guess
It’s money
