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000 wrote

It ties in with the age-old colonialist mentality that all wealth should belong to the white race and sharing it is out of the question. And, of course, that wealth is not evenly shared, creating a sub-caste of white trash who can be easily rallied against non-whites.

As for what constitutes ‘whites’, it really means WASPs only. The Irish, Spanish, Italians et al were begrudgingly incorporated later on. Hell, the white race didn’t exist as a concept until slavery forced society to distinguish itself from the black Africans in order to dehumanize them as much as possible.