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Look Who’s Promoting ‘Racial Capitalism’ to Our College Kids

This progressive initiative at one university is pairing a profit-based economy with bondage, slavery, inequality and more

The makeup of college professors in the fields of history, economics, history, journalism/communications, law, and psychology at 40 top universities in this country skews overwhelmingly liberal, as a 2016 study published in Econ Journal Watch pointed out. Liberal history professors outnumber conservative professors by a ratio of 33.5 to one — explaining why academics representing this discipline are enamored of identity politics and even socialism.

This love affair is playing out at the University California, Davis Humanities Institute in Davis, California, as Campus Reform recently noted, since the school began hosting a multi-year research project, called the Mellon Research Initiative, to highlight “racial capitalism.”

“This initiative brings UC Davis faculty and graduate students together with outside scholars and activists to advance a research agenda that focuses on racial capitalism. The historical relationship between race and capitalism is one of the most enduring and controversial debates in U.S. historiography,” says a section of the school’s website.

“Sometimes explicitly, often only implicitly acknowledged, it shapes fundamental questions about inequality, value, life, bondage, and freedom, among others, across the disciplines of race and ethnic studies, history, literary studies, law, economics, sociology and anthropology. Over the course of the next three years we will be staging dialogues across current work and chart new directions for the study of racial capitalism,” the UC Davis website further notes.

So what exactly is racial capitalism?

Who knows? As of Monday morning on the UC Davis website, a “What is racial capitalism?” page is blank.

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LifeZette reached out to UC Davis assistant professor Javier Arbona, a faculty member with the Racial Capitalism Initiative, but did not hear back before publication time.

An honest discussion about capitalism should also be paired with a truthful discussion about the ills and horrors of socialism.

The state of Venezuela is but one example — the average Venezuelan reportedly shed 24 pounds within a year’s time in 2017 due to a lack of food.

The destruction there has been mounting ever since Hugo Chávez assumed power in 1998. Chavez’s aggressive socialist agenda nationalized foreign oil fields and other significant parts of the economy.

His socialist successor, Nicolás Maduro, now leads a country in which 90 percent of the population lives in poverty.

For other examples, there’s this: “All told, Communist regimes likely killed 65 million to 100 million people in the U.S.S.R., China, Cambodia, North Korea, Vietnam, Ethiopia, and elsewhere,” according to reporting from City Journal. “The U.S.S.R. intentionally starved about 4 million Ukrainians, one and a half million Kazakhs, and hundreds of thousands of Cossacks,” their report continued.

Related: Dems Are Openly Souring on Capitalism While Favoring Socialism

“The Soviets killed about a million Kulaks for their alleged exploitation of the proletariat and executed or worked to death in the gulags millions more. While the precise toll cannot be known, estimates of Soviet killings range from about 20 million to 30 million people.”

Yet academics on college campuses deride capitalism.

Have they ever had to eat zoo animals for breakfast, as people in Venezuela have been forced to do?

Watch the video below to see why capitalism deters racism:

Elizabeth Economou is a former CNBC staff writer and adjunct professor. Follow her on Twitter.

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