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by cycomanic
1891 days ago
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I think like usual reality is more complex. The reason why America became such a economic powerhouse by the beginning of the 20th century was clearly the large scale immigration to a land that was generally considered the land of opportunities, without the crust of established economic structures in Europe. Someone from any social background could make it there. Due to this background there was a lot of aversion to "elites" forming which I have seen given as reasons for the high top income tax and the strong actions against monopolies . Now the growth founded also by large scale displacement and killing of the native population and slavery would also have contributed. I don't think that alone would have made the US into the superpower it is today, in particular in terms of science. That was clearly a result of the two world wars that devastated Europe. If you look at the scientific discoveries the US really became the powerhouse after/during WW2. It's somewhat ironic that the US which was founded on escaping the large "unfair" inequalities of old Europe and a strong anti-establishment/anti-elite basis has since become a beacon of a new elite/establishment and inequality. The "anti elitism" that was always part of the US psyche is now almost completely about intellectual elite (scientific/academic elite) not economic elite. |
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It's probably one of those cyclical things in life. Your former greatness ends up becoming a burden that keeps growing. Eventually it'll become so heavy that things fall apart. From the ashes rises a new greatness that eventually...