Book of Mormon scholar John A. Tvedtnes has written a fascinating article on the subject of the charge of "racism" in the Book of Mormon. The paper is based off of an earlier talk given at the 2003 FAIR Conference. The videos and article are listed below. In them Tvedtnes offers a very interesting treatment on this subject, which should be read by all of those who would charge the Book of Mormon as being racist.
Part 1
Part 2
Part 3
Part 4
Part 5
The Charge of Racism in the Book of Mormon by John A. Tvedtnes, published in the FARMS Review. Also see this page from FAIR for another transcript of the presentation.