Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar...
by chiaro on Saturday February 25, 2017 @09:42AM
(#13731757)
Actually the opposite. Social and political institutions of the slave owning South had developed an entrenched extractive hierarchy not unlike the aristocracies of Eastern Europe at the time. The legacy of these oppressive institutions has lead enterprising Americans to seek their fortunes elsewhere throughout history.
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