People within your socioeconomic class can be racist towards you and upper social mobility can be more difficult based on the color of your skin.
This statement is laughably false. Yes as you get richer, skin color matters less, but it still does. You can just look at the games that rich black republicans have to play to stay in the club.
The following is a bit of a rant so go ahead and ignore it if you wish: It is a bit wild to me how common sentiments like this are on hacker news, when so many people claim to be rationalist types. Then again, a group of mostly white people claiming systematic racism is gone in their so-called merit-based hierarchy should be expected.