His explanation of the rise of capitalism placed the African slave trade, the European extermination of indigenous people in the Americas and colonialism at its heart. A cotton spinning jenny is a machine for spinning cotton. Torn away from these conditions, it is as little capital as gold by itself is money, or as sugar is the price of sugar.In Capital, Marx writes: The discovery of gold and silver in America, the extirpation, enslavement and entombment in mines of the indigenous population of the continent, the beginnings of the conquest and plunder of India, and the conversion of Africa into a preserve for the commercial hunting of black skins are all things that characterize the dawn of the era of capitalist production. In this passage, Marx shows no prejudice to Blacks ("a man of the black race," "a Negro is a Negro"), but he mocks society's equation of "Black" and "slave" ("one explanation is as good as another").This outline doesn't mean to suggest a "pre-capitalist" Golden Age of racial tolerance, least of all in the slave societies of antiquity.
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He found substantial evidence of integration of Black Africans in the occupational hierarchies of the ancient Mediterranean empires and Black-white intermarriage.
Black and mixed race gods appeared in Mediterranean art, and at least one Roman emperor, Septimius Severus, was an African.
In other words, racism is just part of human nature.
If racism is part of human nature, then socialists have a real challenge on their hands.
Racism, it's said, is as old as human society itself.