In an ideal society, racial capitalism would not occur.

And the superficial process of assigning value to nonwhiteness within a system of racial capitalism displaces measures that would lead to meaningful social reform. Commodification can also foster racial resentment by causing nonwhite people to feel used or exploited by white people. The process of racial capitalism relies upon and reinforces commodification of racial identity, thereby degrading that identity by reducing it to another thing to be bought and sold. Racial capitalism has serious negative consequences both for individuals and for society as a whole. These doctrines and policies have fueled an intense legal and social preoccupation with the notion of diversity, which encourages white individuals and predominantly white institutions to engage in racial capitalism by deriving value from nonwhite racial identity. Affirmative action doctrines and policies provide much of the impetus for this form of racial capitalism. The Article focuses on instances of racial capitalism in which white individuals and predominantly white institutions use nonwhite people to acquire social and economic value. This Article is the first to identify racial capitalism as a systemic phenomenon and to undertake a close examination of its causes and consequences. Racial capitalism - the process of deriving social and economic value from the racial identity of another person - is a longstanding, common, and deeply problematic practice.

Capitalism ii system requirements