White Capital and Colored Labor1
This chapter is concerned with the most important phase of the economic relations which have developed between the European and the colored races: the relationship of white capital to colored labor. One aspect of this relationship has been a conflict between European and non-European conceptions concerning the ownership and utilization of land and its resources and concerning the meaning and ends of labor. From the standpoint of the organization of labor, the relation of white capital to colored labor has generally resulted in a system of white management. In some areas a class of colored middlemen has existed from the beginning, while in other areas this class has only come into existence at a later period. In either case, ultimate control of economic development in modern times has been in the hands of white owners of capital. As the result of the growing resistance of the colored peoples to____________________
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Publication information: Book title: Race and Culture Contacts in the Modern World. Contributors: E. Franklin Frazier - Author. Publisher: Alfred A. Knopf. Place of publication: New York. Publication year: 1957. Page number: 127.
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