Who has an incentive and motivation to foment racism? Is it big business and capitalists or government or labor unions. I’ve never thought about this before, but Bojidar Marinov obviously has. Here’s what he said:

Corporations didn’t create racism and don’t support it today. If anything, it was the rich Northern magnates of the 19th century who supported abolitionism and backed up the War between the States. There is absolutely no economic logic behind racism from the perspective of the corporations. The corporations want (1) a larger and more equalized pool of consumers; and (2) a larger supply of qualified workers. Neither is served by racism.

The real culprits behind racism are Big Labor and Big Government. Big Labor wants a smaller pool of available workers in order to have a better negotiating position. Big Government wants a divided population which would be focused on its internal divisions, and not on issues of justice. Both are served by racism.

The Biblical solution is libertarianism: Get the government out of the market altogether. Some employers may be racist and refuse to hire blacks. Thus, their marginal rates of hiring will be higher, for they will choose from a smaller pool of available workers. Other employers will take advantage of it and will hire mainly blacks.

Blacks were better off when there was no government to control the market.