If that's true, explain the socio-economically well to do Black neighborhoods getting burned to the ground by white rioters in the early 20th century. The rioters didnt give a a good goddamn about the wealth or capital of the Black businesses they burned. They viewed Black folk through one lens and one lens only: colored folk needing to be cut down to size.
What do you think was the motivating factor behind the Red Summer of the 20s, where one Black community after another got ransacked? It wasnt because of "class warfare", it was because of white fear and resentment of Black soldiers returning home from WW1 and refusing to submit to the old racist order.
i'm stealing from wikipedia here
The riots resulted from a variety of postwar social tensions related to the demobilization of veterans of World War I, both black and white, and competition for jobs and housing among ethnic whites and blacks. In addition, it was a time of labor unrest in which some industrialists used blacks as strikebreakers, increasing resentment. The riots were extensively documented in the press, which along with the federal government feared Socialist and communist influence on the black civil rights movement following the Bolshevik Revolution in Russia. They also feared foreign anarchists, who had bombed homes and businesses of prominent business and government leaders.
With the manpower mobilization of World War I and immigration from Europe cut off, the industrial cities of the North and Midwest experienced severe labor shortages. Northern manufacturers recruited throughout the South and an exodus of workers ensued.[4] By 1919, an estimated 500,000 African Americans had emigrated from the Southern United States to the industrial cities of the North and Midwest in the first wave of the Great Migration, which continued until 1940.[1] African-American workers filled new positions in expanding industries, such as the railroads, as well as many jobs formerly held by whites. In some cities, they were hired as strikebreakers, especially during the strikes of 1917.[4] This increased resentment against them among many working-class whites, immigrants or first-generation Americans. Following the war, rapid demobilization of the military without a plan for absorbing veterans into the job market, and the removal of price controls, led to unemployment and inflation that increased competition for jobs.
