3 ms·
It's more than a bit hyperbolic to compare our current economic setup with that of medieval serfdom. The difference in economic mobility is extreme. Yes, we ha
by ericd 8y ago
It's more than a bit hyperbolic to compare our current economic setup with that of medieval serfdom. The difference in economic mobility is extreme.
Yes, we have some issues we need to sort out - NIMBYs and zoning laws tamping down on new housing supply in cities, and a broken healthcare market are the largest ones. But it's dangerous to forget that the system we have is overall overwhelmingly better for most people than what came before the 1900s, let alone before the 1400s.