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by sonnyblarney 2689 days ago
"in a world that’s as fabulously rich as ours, obscene"

???

Wealth is mostly a function of intelligent social organization.

Why are we so much more vastly wealthy than we were 100 years go? Just because we pump more gas? No - we're smarter.

Wealth is what a country generates, not what it has.

It's not like a 'pile of gold' that we have that magically turns into iPhones.

Most places that have extreme poverty are rife with systematic problems. Total lack of social organization on most levels, corruption, missing or 'never existed' institutions (education, justice, civic etc.). Lack of literacy, education. An absent, stupid or corrupt elite. Etc. etc.

Swedes don't have any real natural resources, not particularly fertile land. They are 'rich' because they are organized.

It's a very hard thing to 'pass on' to other places.

1 comments

Swedes have lots of real natural resources. Check your facts.
My facts are correct.

Natural Resources comprise of less than 1% of Sweden's GDP.

Here is a map [1] where you can see the % GDP comprising of Natural Resources by nation.

Notice that the wealthiest nations tend to derive almost no value from the export of natural resources. They are creating value added products and services, which is what intelligently organized people do.

[1] https://www.indexmundi.com/facts/indicators/NY.GDP.TOTL.RT.Z...