free markets do not institutionalize racism. governments do.
Pro sports is a perfect example of this: meritocracy combined with capitalism. 🤷♂️
You have a type on your title - should be bigotry, not bigoty. When I copy your link and post it on twitter, it still shows as bigoty
Enforcement of inherited property rights for wealth acquired via government endorsed racist crimes in the past creates wealth inertia that's often multi-generational and race-correlated. What's the least worst way to systemically differentiate that from institutional racism? What you say about capitalism is true in the ideal, but not with the legacy of things like https://en.wikipedia.org/wiki/Inter_caetera.
Thank you for another insightful piece. You are cummings and Sayek rolled into one.