This is a wonderful film. The strange, dream-like animation is great to watch, and the story is intriguing and thought-provoking. But I don't think that this film addresses racism. Rather I believe it is an examination of the ways in which we treat animals. The Draags see the Oms as a species fit only for being kept as pets or exterminated, which is what we do with many animals, especially those much smaller than us, as the Oms are to the Draags. One scene in the beginning shows a young Draag tormenting a terror-stricken Om in much the same manner as a child will treat a small insect. It was such a familiar thing to see that it brought the theme of the movie into sharp focus for me. Something to keep in mind is that the sexual aspects of the film are presented in such a surreal, unearthly manner that they seem almost scientific, like a nature documentary or something of the sort. I reccommend watching this film in its original language, as the English version makes the movie seem even more detached from reality.