The capitalist economic system has major failures. It generates extreme, socially divisive inequalities of wealth and income. It consistently fails to achieve full employment. Many of its jobs are boring, dangerous and/or mind-numbing. Every four to seven years, it suffers a mysterious downdraft in which millions of people lose jobs and incomes, businesses collapse, falling tax revenues undermine public services, and so on. If these failures were widely perceived as the inherent failures of the capitalist system, the desirability and thus sustainability of capitalism itself might vanish. Read more.
A white man shares publicly that a group of Black Harvard graduates “look like gang members to me” and claims he would have said the same of white people dressed similarly. A white physician mistakes a Black physician for a janitor and says it was an honest mistake. A white woman asks to touch a Black classmate’s hair, is scolded for doing so and sulks, “I was just curious.” Read more.