It exsited back then, but it is now a word used alot by people who never experienced real racism (like slavery, segregation, or genocide.), only this modern day racism bullshit (as i like to call it "Twitter Racism"). And the worst part is that they use the term "Racism" for personal gains or revenge and not to make the world a better place for everyone and to stop real racism.
no hate to anyone, but thats just my opinions based on what I've seen.