A Note from “His Collaborator”
The trivial truth is that what they mean by challenging the operation of capitalist markets (i.e. massive downward redistribution) would indeed reduce racialized poverty, for the obvious reason that (as Adolph and I and millions of others keep on tiresomely repeating) precisely because black people are disproportionately poor all efforts of redistribution will disproportionately benefit them. The totally false idea is that a challenge to racial disparities gets you out from under what Reed calls “neoliberalism’s logic.” In fact, unlocking inherited inequality (racialized or not) and achieving real equality of opportunity (hence more upward mobility) is left neoliberalism’s wet dream.