Robin D. G. Kelley, “What Did Cedric Robinson Mean by Racialism Capitalism”
“So what did Robinson mean by “racial capitalism”? Building on the work of another forgotten black radical intellectual, sociologist Oliver Cox, Robinson challenged the Marxist idea that capitalism was a revolutionary negation of feudalism. Instead capitalism emerged within the feudal order and flowered in the cultural soil of a Western civilization already thoroughly infused with racialism. Capitalism and racism, in other words, did not break from the old order but rather evolved from it to produce a modern world system of “racial capitalism” dependent on slavery, violence, imperialism, and genocide. Capitalism was “racial” not because of some conspiracy to divide workers or justify slavery and dispossession, but because racialism had already permeated Western feudal society.”