I have no problem with your statements in your second paragraph, but your first statement that it is all based on race is outdated and simplistic. It’s not about race/colour. It really isn’t. A Marxist interpretation would be more insightful, as it is about imperialism, capitalism and resource monopoly.
And when you tar the entire nation based on the people in power or the acts of a govt, you are being so reductionist that your argument loses validity.