To add (and replying to rco8786): I think this is not racism. Because ethnicity is not race, and almost everybody by now through mestizaje has native blood. The early colonial period might have a racist component with "sistema de castas" (Spaniard born in America = Criollo, Spaniard with Native = Mestizo, Spaniard with African slave = Mulato, so on).

But now race doesn't even matter because we are all almost the same genetically (it just happens that at least in Chile, the fair-haired blue-eyed people are the richest, but hate here is about wealth and politics rather than race itself).