Like the Unicorns of old, Majesty held that only Unicorns could wield ultimate power and control over the other races. She viewed Earth Ponies little more than servants tending the land for their exclusive benefit and nothing more. Pegasi were held in slightly higher regard but only for weather control and for their use as cannon fodder. Even Alicorns she saw as unfit to exist due to their mix of Pegasi and Earth Pony qualities and just stomached Celestia purely for her knowledge.
She viewed Unicorns as the master race whose role was to dominate all before them and even amongst Unicorns there were undesirables. Any Unicorn born from non Unicorn parents were seen as an abomination to nature and those who wedded anypony other than another Unicorn was seen as traitors to their own kind. Only Unicorns coming from pure Unicorn families were accepted and to those, she was actually kind, supportive and would do anything to do right by them.