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I don't think it promotes racism but it upholds a single (European) standard for all women as though there is only one kind of beauty. Black contestants look like black versions of white contestants, not like what they are -- girls of african descent. Asian contestants also look like a variation on the theme of a European. I would faint if I ever saw a beautiful black woman in the "pageant" who looked african-african, or an asian woman who actually looked asian.