We aren't told about the Arab slave trade as much because it does not fit the evil white man narrative.

Bingo, seems a whole lot of history is being redacted to that end. Like all the white slavery and child labor that was also prevalent in the US or how a third of black people in colonial times were not slaves at all.

"Things like institutional racism is still a thing, please point me to this institution that is still racist"

Our drug and gun laws are a good example of institutional racism. These laws were originally created with the express intent of racial suppression and nothing has changed that much so they still function as they were intended. In blue states to this day we have the Jim Crow era policy of letting unelected bureaucrats deny people who meet all the requirements for gun ownership their right to do so, they are literally allowed to discriminate, the only reason to allow the police to discriminate is so they can discriminate on the basis of race gender or socio economic status. After the 14th amendment made it illegal to make laws about certain races they passed these permitting schemes that let cops, who are all white, decide who was "suitable".

The other is our drug laws, they originally banned cannabis in order to target blacks and Mexicans and beatniks, opium to target the Chinese and cocaine to also target black people. If you are rich you can get all the legal opiates you want but if you are poor they will lock your ass up.

Your comment about equality of opportunity and outcome is very perceptive as well, just consider how often the media and politicians push the idea of "income inequality" as if that is a bad thing as if there should be income equality. But how the fuck would that work?

As far as white prvilidge you are right on there as well. I used to teach in the inner city and the white kids were often much worse off than the minority children. Should I tell a kid who lives in a group home in the ghetto whose parents are dead that he is privileged because his skin color?
It's funny when I was a kid I occasionally heard myself referred to as "underprivileged" but now as an adult I am privileged merely due to my lack of melanin!