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“The economy” that they were referring to was their economy, the economic condition of people like them, seen through the lens of a zero-sum system of hierarchy that taught them to fear any hint of redistribution. Value-neutral admonitions about protecting “the economy” allowed them to protect their own status while resting easy knowing that they were not at all racist, because it wasn’t about race—it was about, well, “the economy.”
The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together (One World Essentials)
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