Let's ask the hive mind :-) Google, what is the definition of racism? Google says:
rac·ism /ˈrāˌsizəm/ noun the belief that all members of each race possess characteristics or abilities specific to that race, especially so as to distinguish it as inferior or superior to another race or races.
Genetic IQ differences clearly qualify.
Genetic IQ differences clearly qualify as something that ALL members of EACH race possess that is SPECIFIC to that race?
That definition is really quite strong. Not even a belief that all black people suffer from some degree of mental retardation would satisfy it. The belief that there are genes correlated with lower IQs that are more prevalent among black people certainly would not.
Unfamiliar or unpopular ideas will tend to reach you via proponents who:
The basic idea: It's unpleasant to promote ideas that result in social sanction, and frustrating when your ideas are met with indifference. Both situations are more likely when talking to an ideological out-group. Given a range of positions on an in-group belief, who will decide to promote the belief to outsiders? On average, it will be those who believe the benefits of the idea are large relative to in-group opinion (extremists), those who view the social costs as small (disagreeable people), and those who are dispositionally drawn to promoting weird ideas (cranks).
I don't want to push this pattern too far. This isn't a refutation of any particular idea. There are reasonable people in the world, and some of them even express their opinions in public, (in spite of being reasonable). And sometimes the truth will be unavoidably unfamiliar and unpopular, etc. But there are also...
Some benefits that stem from recognizing these selection effects:
I think the first benefit listed is the most useful.
To sum up: An unpopular idea will tend to get poor representation for social reasons, which will makes it seem like a worse idea than it really is, even granting that many unpopular ideas are unpopular for good reason. So when you encounter a idea that seem unpopular, you're probably hearing about it from a sub-optimal source, and you should try to be charitable towards the idea before dismissing it.