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Well said! ...except maybe their geography made them lag behind in technological developement which led to their own enslavement over time when more advanced people from different regions conquered them. For this reason, it al falls back to georgraphy...and this 2% is mostly white business men, somewhat like the nobility of 2 centuries ago and what were beginning to see here back home with Bush's business tax cuts.
Now here's a thougth, is it really georgraphy that makes a people lag behind, or is it the people itself? My personal theory would be the peopel are defined by what they have lived, thus its the geography but I'm not sure.
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Africa, before it was ravaged by the Europeans during the 15th century (and up until today), had a tribal population with wealth, but not in the same way as in Europe. Africans were, according to western standards, not developed... but i think they had another development, their own culture, beliefs and way of life.
We see this a negative thing because we wanted to imose our lifestyle and values to the whole world (still the case today...).
PEACE.