"Most countries are founded in conquest. Europe, conquest, conquest and more conquest. Look at Britain. Before becoming an empire, it was conquered by the Norman kings of France and earlier by the Romans. Before the British came, India was invaded by the Persians, the Mongols, the Afghans, the Arabs and Alexander the Great. Conquest was how wealth was acquired. Not through entrepreneurship, invention or business. Historically, every culture has despised entrepreneurs and merchants. In India, we have the caste system. Who's at the top? The Brahmin or priest. The entrepreneur is one step from the bottom. The Islamic historian Ibn Khaldūn says that looting is morally preferable to entrepreneurship or trade. Why? Because looting is more manly. In looting, you have to beat the guy in open combat to take his stuff. America is based on a different idea. The idea of acquiring wealth not by taking it from someone else. Instead, wealth can be created through innovation, entrepreneurship and trade. Let's take a look at Manhattan. Reportedly in 1626, Native Americans sold Manhattan to the Dutch for $700 in today's money. There's land all over the world now that you can buy for $700. But when the Dutch bought Manhattan, there was no Manhattan. Prices are astronomical today because of what's been built over the past 300 years. Manhattan is the creation of the people who built it, not the original inhabitants who sold it. Manhattan represents the new American ethic of wealth creation. An alternative to conquest."