The Origins of Modern Racism in the United States and Black Economic Dysphoria Under Global Corporate Crony Capitalism and the COVID Economic Lockdown Shock

Abstract

This article is two sections from a much longer article entitled Chinese COVID Lockdowns, Black Economic Dysphoria, Global Crony Capitalism. and the Killing of George Floyd. We argue that the Republican Party trade deals had a disproportionate negative economic effect on Black people. By the time the COVID lockdowns were implemented, Black workers had already been herded into the most unstable jobs in the gig economy. The six service sectors bore the brunt of the economic damage of the lockdowns. We argue that modern racism began around 1985, with the political organization of the Business Roundtable, that sought legislation to offshore production.