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Too-high GDP seems to result in a de facto aristocracy which claws as much of the wealth as possible to themselves, an issue which becomes more intractable over
by bsanr2 6y ago
Too-high GDP seems to result in a de facto aristocracy which claws as much of the wealth as possible to themselves, an issue which becomes more intractable over time re: Piketty. At both the macro and micro scale, quality of life seems to peak at the upper middle class, where there's just enough wealth that the imperative to keep everyone happy takes precedence (vs the imperative to stay at the top or keep everyone from starving on either side).
I know that Italy isn't perfect, but the Italian-style post-Imperial "chill-out" seems to work well in a lot of ways. I'm an American with no Italian heritage, but I was born there and I think I might have imprinted a bit. I hope to go back someday.
- captainredbeard 6y ago> where there's just enough wealth that the imperative to keep everyone happy takes precedence (vs the imperative to stay at the top or keep everyone from starving on either side) Maybe