I'm not going to dignify an argument that suggests that because some regulations might be erroneous, have unintended consequences, or even be crafted specifically to favor some particular group, that most regulations are therefore equivalent to institutionalized racism. To me, that's really just a veiled swipe at the idea that institutionalized racism is a uniquely toxic problem.
It's not a "veiled swipe" at all. I'm pretty explicitly stating that I consider racism to be extrinsically bad - I only care when it causes intrinsically bad actions like protectionism, and that protectionist acts which are non-racist are also bad.
I get the impression you have a different moral conclusion, but I have no idea how you reach it in a logically consistent manner. I take it you refuse to state your principles?
I am not required to provide you with a first-principles reasoning for why racism is bad. I get the impression that you'd like that requirement to be the norm here, but it is not.
There's not much of a reason to let this subthread get any deeper, is there?
