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Of course the economy was much smaller then, especially on a per capita basis, and modern capitalism hadn’t had time to create the safe, abundant, filled-with-m
by FredPret 3y ago
Of course the economy was much smaller then, especially on a per capita basis, and modern capitalism hadn’t had time to create the safe, abundant, filled-with-medical-marvels lifestyle we enjoy today.
- wolverine876 3y ago> Of course the economy was much smaller then, especially on a per capita basis Indeed, and even more on an aggregate basis, the population also being much smaller. > modern capitalism hadn’t had time to create You're assuming that was created by modern capitalism, which I think is a major flaw. Capitalism contributed certainly, but so did democracy, freedom, rule of law, government investment, civil society, etc. etc. Just look at most of the education system, courts, security, roads, most of science, soldiers, etc etc etc. > abundant, filled-with-medical-marvels lifestyle we enjoy today. A great many, maybe most people in the US don't live in that world.