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        <ns4:IAO_0000115 xml:lang="en">A concept coined by Cedric J. Robinson in his book Black Marxism: The Making of the Black Radical Tradition, published in 1983. It describes the process of extracting social and economic value from a person of a different racial identity, typically a person of color; however, a person of any race might engage in racial capitalism, as might an institution dominated by one particular race. Robinson, in contrast to both his predecessors and successors, theorized that all capitalism was inherently racial capitalism, and racialism is present in all layers of capitalism&#39;s socioeconomic stratification. In fact, he states that capital &quot;can only accumulate by producing and moving through relations of severe inequality among human groups.&quot; Therefore, for capitalism to survive, it must exploit and prey upon the &quot;unequal differentiation of human value.</ns4:IAO_0000115>
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