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No, the comment didn't claim that. Rather that it didn't start from scratch in a barren land, instead it started by abusing those people for advantage.
by euyyn 10y ago
No, the comment didn't claim that. Rather that it didn't start from scratch in a barren land, instead it started by abusing those people for advantage.
- ralfd 10y agoBut ex-slavery states in the US are not the wealthiest and economically often in the bottom half. If abusing people gave an advantage the effect should be the strongest there?
- chickenfries 10y ago> they all represent a net gain for Americans from the barren lands, primitive structures and meager output of 1776. Starting from scratch, America has amassed wealth totaling $90 trillion. This is the original quote. The issue is with "starting from scratch." You're not starting from scratch if you obtained the land through genocide, assisted by free labor. You are starting with quite a lot. America did not start in 1776. European powers had been investing in the new world for hundreds of years at that point. The whole issue is calling the economy of America at 1776 "starting from scratch." It's ahistorical.
- euyyn 10y agoSomeone can inherit a fortune as a child and still lose it. Doesn't mean he started from scratch.