Capitalism In African American Imperialism

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Modern American imperialism continues to thrive on the racial domination and national oppression of African Americans, albeit in a different way. The historical relationship between slavery and capitalism is important because the racial context of American capitalism continues to be staggeringly evident in our society today. African Americans can no longer be bought and sold as slaves, but they are the ones most affected by our current economic crisis. They suffer higher unemployment rates, sharp declines in household wealth as well as losses of homes, health services, and pensions. According to The State of Working America, in 2010, 27.4% of African Americans lived in poverty, compared to the overall U.S. poverty rate of 15.1%. In addition

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