Market theories fail to account for racial stratification.

Evidence

Market exchange theories of race necessarily try to reconcile racial inequality with the equilibrium assumptions of their model, but as we show here, this is racial stratification. — Michael Omi, Howard Winant, Racial Formation in the United States, 69

Categorization

• XREF: connects to: Single policy fixes cannot overcome the market’s current racial bias. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 249; Economic analysis is necessary but not sufficient for explaining racism; Economics is necessary but not sufficient for understanding racial social formations. (+8 more)
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Single policy fixes cannot overcome the market’s current racial bias. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 249; Economic analysis is necessary but not sufficient for explaining racism; Economics is necessary but not sufficient for understanding racial social formations. (+8 more)

Broader Connections

• Racial theory is a product, not a cause, of the deeper value-stripping structure #complicates (0.78)