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Capitalism & Racial Discrimination 3
Capitalism & Racial Discrimination 3
GDP Increases from Ending Long-Term Discrimination Against Blacks by Jonas Zoninsein discusses the
political economy of racial discrimination, arguing that labor market discrimination against blacks, their
higher-than-average levels of unemployment and underemployment, and their gap in human capital
accumulation relative to the labor force as a whole all have an impact on aggregate production, income,
and national economic growth. According to Zoninsein's assessments of the effects of racial
discrimination, long-standing prejudice against blacks has had a considerable negative impact on
productivity and income in Brazil, South Africa, and the United States.
The Journal offers qualitative comparative studies and cross-national comparative history, in particular,
to give a dynamic interplay of class and race that has transformed the variables that account for
difference, as well as resemblance, between the United States and South Africa.