In his speech, Mr. Romney mentioned two books that had influenced his thinking about nations — “Guns, Germs and Steel,” by Jared Diamond, and “The Wealth and Poverty of Nations,” by David S. Landes. Mr. Diamond’s book, Mr. Romney said, argues that the physical characteristics of the land account for the success of the people living there, while Mr. Landes’s book, he continued, argues that culture is the defining factor.
“Culture makes all the difference,” Mr. Romney said. “And as I come here and I look out over this city and consider the accomplishments of the people of this nation, I recognize the power of at least culture and a few other things.”--
An interesting response:
"I wonder if "culture" -- rather than being born Caucasian and with a silver spoon in your mouth -- would be your preferred explanation for why you're a multi-millionaire, while Latinos and African Americans struggle to make ends meet."
http://thecaucus.blogs.nytimes.com/2012/07/30/romney-comments-on-palestinians-draw-criticism/?smid=tw-share
"The Olympics gaffe was just that. This comment is something more - a haughty misunderstanding of the real conditions, suffering, and history of peoples and regions. Basing foreign policy on the assumptions Mr. Romney exposed within himself would be unconscionable and dangerous."
The racial wealth gap according to global wealth management dictionary is a traditional state that is evaporating. In North America, rich white millionaires are shrinking; giving way to more race with purchasing power.
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