This doesn't have much to do with racism

Not russia

This is more about class

1% of the population own 40% of the bottom populations wealth

Ok but isn't it probable that certain races more likely to be of a certain class

Depending on the country

Somewhat

Usually black people are poor because of their historical material conditions

Not to say that there aren't white people who are just as poor

But many leftists see it as black people were kept as slaves through the justifications of racism

"They're black, so they aren't as human as you"

"Therefore it's ok to own them as slaves"

Which was quite a classfuckery

Because under capitalism, slavery is supposed t be abolished and the class relations be proletarian vs bourgeoisie

You niggas still circle jerking?

However, these capitalists found slaves for sale in Africa, since they were still in the early stage of slave societies

And they bought these slaves for profit there

It is simply undialectical

<:bour:313709044957315082>

owning slaves is le ancap

I'll put it as how comrade stalin explains it

"The slave system would be senseless, stupid and unnatural under modern conditions. But under the conditions of a disintegrating primitive communal system, the slave system is a quite understandable and natural phenomenon, since it represents an advance on the primitive communal system"

- Stalin, Dialectical and Historical Materialism

Take Ancient Greece and Rome

And Egypt

They were all slave societies, advances on primitivism

Huge slaving empires

After a lot of time passed, feudalism emerged

Slavery was replaced by serfdom

And after a lot of time passed, capitalism emerged

Serfdom was replaced by wage slavery

And after a lot of time, socialism emerged

Wage slavery was abolished, and workers owned the value of their labour

socialism > gommunism

@Borzo that doesn't work. If I buy a bunch of heavy equipment then people I hire can't just get all the profit from the equipment I bought... They get a fair wage

Now if they themselves owned the equipment they have that right to more of the profit

Ie a small business owner

Like a small family owned mom and pop store

But since most businesses aren't like that they are entitled to a fair wage

@Borzo