Man is born rich, but almost everywhere is poor.

It is to the elucidation of this paradox that many of the finest minds of Latin America have been devoted for nearly a century. And the best answer they have been able to give is that most men are poor because a few men are rich. And, by the same token, those few men are rich because most men are poor. On this view, wealth is a form of institutionalized plunder. Nothing had to be —or remains to be—discovered, invented, or developed. The wealth of the world has been the same since the beginning of time and will remain the same until the end of time. Hence your slice of the economic cake, both personal and international, necessarily decreases the size of mine, and thus poverty is always someone else’s fault. This means that the wealth of Europe and America was erected on a foundation of cheap bananas.

These ideas—a kind of anti-Semitism...