I doubt that this is correct.
False. Consider the case of Malaysia, where the majority Malaysians or very poor, with many living in abject poverty. The Chinese minority dominates in the areas of industry and finance, and largely keep the money in those communities. AA has been implemented as a facility to accelerate the move toward equity.
You misread my friend.
AA in South Africa is a MAJORITY (BLACK) OPPRESSING A MINORITY (WHITE). You example is exactly the opposite, unless you have not been clear?