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Negative? It's how the world works. Those in resource-driven countries enjoy very little comfort, because you don't need very comfortable/educated people to e
by abandonliberty 8y ago
Negative? It's how the world works.
Those in resource-driven countries enjoy very little comfort, because you don't need very comfortable/educated people to extract resources.
Our economies are more based on knowledge, so we get better lives.
CGPGrey's rules for rulers is a very good outline of this and other related topics: https://www.youtube.com/watch?v=rStL7niR7gs https://www.youtube.com/watch?v=rStL7niR7gs
- ben_w 8y agoJust because it’s true doesn’t make it not “negative” — even pessimists are often over-optimistic for project planning, for example, despite being closest to reality. Also, this article shows that people can be irrational about the economically optimal level of comfort. CGP makes a similar point with the valley of revolution, between impoverished and wealthy nations, and why it’s hard to get from poor to rich even though it’s clearly an improvement.