The Economics of Race Hatred

By Peter Staudenmaeir

In August 1999, just a few months before the newly invigorated anti-capitalist movement scored a provisional victory in Seattle, an unemployed white supremacist named Buford Furrow shot a group of children at a Jewish preschool in Los Angeles. Furrow went on to kill an Asian-American mail carrier before turning himself in. This murderous outburst happened a month after a frighteningly similar racist rampage in Chicago. Such atrocities obviously represent the opposite of everything that the movement against global capital stands for. Yet Furrow’s motivations, murky as they may be, reveal a peculiar relationship with the reactionary and racist aspects of vague critiques of “international finance”.

In August 1999, just a few months before the newly invigorated anti-capitalist movement scored a provisional victory in Seattle, an unemployed white supremacist named Buford Furrow shot a group of children at a Jewish preschool in Los Angeles. Furrow went on to kill an Asian-American mail carrier before turning himself in. This murderous outburst happened a month after a frighteningly similar racist rampage in Chicago. Such atrocities obviously represent the opposite of everything that the movement against global capital stands for. Yet Furrow’s motivations, murky as they may be, reveal a peculiar relationship with the reactionary and racist aspects of vague critiques of “international finance”.

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