And here's the conflict:
It's in a black person soul to rock that gold
Spend your whole life trying to get that ice
On a Polo rugby, it looks so nice
How can something so wrong make me feel so right?

from Kanye West (Ft. Jay Z) – Diamonds From Sierra Leone (Remix) Lyrics on Rap Genius

Meaning

The materialism of African Americans is one of Kanye’s favorite topics. See his song “All Falls Down”, where Kanye paints black materialism as self-inflicted racism

The “how can something so wrong make me feel so right” can be a reference to his previous song, “Addiction”.

To help improve the meaning of these lyrics, visit “Diamonds From Sierra Leone (Remix)” by Kanye West (Ft. Jay Z) Lyrics and leave a comment on the lyrics box