"The answer to the question "Why do American liberals carry on about racism and sexism when they should be carrying on about capitalism?" is pretty obvious: they carry on about racism and sexism in order to avoid doing so about capitalism. Either because they genuinely do think that inequality is fine as long as it is not a function of discrimination (in which case they are neoliberals of the right). Or because they think that fighting against racial and sexual inequality is at least a step in the right direction of real equality (in which case, they are neoliberals of the left). Given these options, perhaps neoliberals of the right are in a stronger position - the economic history of the last thirty years suggests that diversified elites do even better than undiversified ones."
Walter Benn Michaels, 2008