Its not racism, its fact.
This from the Sunday Times:
"The world would be a safer place if Muslim economies were more successful. A research paper from the Centre for Economic Policy Research, by Luigi Guiso, Paola Sapienza and Luigi Zingales, People’s Opium? Religion and Economic Attitudes, explains why Christianity tends to breed the most successful economies.
Their study, across 66 countries, ties religious attitudes and values to economic performance. It finds that Catholics are the most strongly in favour of private ownership and save more, while Protestants respond to incentives such as tax cuts. Muslims and Hindus are strongly against competition. Jews are least likely to cheat on their taxes, while Buddhists are most opposed to bribes.
“Overall, we find that Christian religions are more positively associated with attitudes conducive to economic growth, while religious Muslims are the most anti-market,” it concludes. “Within Christian denominations, the ranking is unclear: Protestants are more trusting and favour incentives more, Catholics are more thrifty and favour private property and competition more.”
The links between religion and economic performance go back a long way. Nearly a hundred years ago Max Weber claimed that the rise of Protestantism had made possible the development of modern capitalism. One interesting question is whether, in the West, economically beneficial attitudes will start to die out with the decline of organised religion, or whether they are now ingrained. That’s one for another study."
http://www.timesonline.co.uk/article/0,,2095-467129,00.html