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>The other problem with it is that the elite of a given culture draw their eliteness from the wealth of the culture itself. The elite of the US and the EU draw
by wu-ikkyu 10y ago
>The other problem with it is that the elite of a given culture draw their eliteness from the wealth of the culture itself. The elite of the US and the EU draw their outsized influence from the fact that they are the elite of a wealthy, powerful culture.
The marketplace is global, and wealth is easily siphoned off from other cultures and peoples across the world whom the elite are likely to never interact with otherwise. Cultures do not exist economically independent of others. Where do you think empires get their wealth from?
>If they set about making their cultures deliberately poorer, they are cutting their own influence off by destroying the things they're being the elite of.
This assumes the elite are idealistically patriotic rather than self-interested. On the contrary, they are increasing their margin of power over their subjects by taking their wealth and increasing their debts, and can easily move across to other cultures, bringing their wealth with them, if need be.