'That was then, this is now': Bill O'Reilly clashes with Jon Stewart on 'white privilege'

Daily Show host Jon Stewart debated Fox News counterpart Bill O'Reilly again on Wednesday, as Stewart tried to get O'Reilly to admit to the existence of "white privilege."

"You are carrying more of a burden as a Black person in this country than a white person in this country," Stewart told O'Reilly.

"Collectively, yes," O'Reilly responded. "But not --"

"Individually," Stewart said, completing the thought. "They don't stop and frisk Wall Street bankers, even though they've done far more damage to the economy."

O'Reilly has repeatedly denied the existence of "white privilege" -- a term that has been accepted in academic circles for decades -- on his show. But Stewart explained to him that the phenomenon is a result of "the system" being established by white men.

"There has been a systemic -- systemic -- systematized subjugation of the Black community," Stewart told O'Reilly. "Would you not agree with that?"

O'Reilly did -- to a point.

"That was then, this is now," he replied, before turning toward Stewart's audience. "Maybe you haven't figured out that there is no more slavery, no more Jim Crow, and the most powerful man in the world is a Black American, and the most powerful woman in the world, Oprah Winfrey, is Black."

"Being able to give people a free car does not make you the most powerful woman in the world," Stewart shot back.

Watch the discussion, as posted online, below.