Racial wealth inequality stems from dispossession of means of production

Evidence

However, focusing on class dynamics helps illuminate those power structures that are constitutive of capitalism and for this very reason typically swept under the rug. Class and racial oppression are inextricable. The history of slavery and systemic racism codified under Jim Crow has long dispossessed Black Americans of their means of production, resulting in white Americans having over six times more wealth than Black Americans. — Clara E. Mattei, Escape from Capitalism, 89

Categorization

• XREF: Reconciling class-first analysis with racial oppression anticipates her treatment of intersectional cases like Palestine. — connects to: Postwar middle-class prosperity rested on colonial, racial, gendered, and ecological exploitation. — Max Haiven, Cultures of Financialization, 519; Asset distribution drives wealth inequality and social stratification. — Paul Langley, Assets and Assetization in…, 8; Inequality stems significantly from uneven asset ownership, not only elite speculation and household debt — Paul Langley, Assets and Assetization in…, 46 (+2 more)