Introduction

Advocates of critical race theory present it as a sociological ideology or a way to correct racial history. Although both of those claims, and many more, or highly debatable, we should look at another implication of this questionable “theory.” What are the implications of critical race theory to free markets?

Collectives

At its core, critical race theory is a Marxist doctrine. It attempts to use the noodle bowl characteristics of individuals to form collectives. Unlike human systems, the elements of collectives cannot survive when separated from the whole. Thus, those elements must either thrive or decline in unison.

Oppressed and Oppressors

Critical race theory separates society into two primary groups: victims and apologetic victimizers. According to this point of view, the victims cannot make significant contributions to the free market. The victimizers must take care not to perform up to their potential, for to do so would validate their role as victimizers.

Low Expectations

If put into practice, this theory would create a society of low expectations. Society would accept low performance from the victims and expect low performance from victimizers. These expectations would help drive overall market performance to the lowest denominator, resulting in one of the objectives of critical race theory: equity.

Spreading Privation

Critical race theory would create a society of spreading privation. It would create a society in which victims cannot produce, and victimizers are not allowed to produce. Poverty would be widespread.

Conclusion

Implementing critical race theory would achieve the same results as Marxism and socialism. It would create a very small class of very well-to-do people and a very large class of poverty-stricken people.

Don’t fall for the enticing ideological trap that would make everyone worse off.