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> If you look at the historic prime growth and productivity eras of national economies of the US and China, some of the most productive eras were early on when
by ajross 3y ago
> If you look at the historic prime growth and productivity eras of national economies of the US and China, some of the most productive eras were early on when large scale systems (corporations, institutions, etc) simply didn't exist.
I really don't think that's correct. In fact GDP per capita was historically flat in most of the world, even through the early parts of the industrial revolution. It took off like a rocket only after WW2 in the pax americana era. I think that's an interesting argument to have, but I'm not going to believe that statement for an instant without numbers.