You are correct. But it is not just "races". It is "cultures", as in all cultures are equally "good", except for Western culture, which is unequivocally bad.
This is an obvious false belief, if you accept material prosperity as a good thing, and a society where the vast majority of people have excellent shelter, running water, electricity and access to medicine and transportation as a positive development.
There is a strong correlation between cultures and races. That’s because of the strong correlation between AVERAGE IQ and races.
Culture is downstream of average IQ.
Races with lowest AVERAGE IQ have the worst cultures by any measure.
And that’s easy to explain, if you first define what culture is.