Yes, but the problems are interwoven. Poverty amplifies the problem of racism. But racism is what caused that poverty in the first place.

Now I do believe that more social democratic policies would benefit African-Americans a lot. But it would not completely eradicate the problems of racism and they would still be worse off than white.

The problem with only tackling racism and not inequality and poverty is that, even if you removed racism completely, African-Americans would still be stuck with being poor, simply for historical reasons.

Just like poor white people are likely to have kids which are poor.