|
|
|
|
|
by ethbr0
1800 days ago
|
|
It's fairly easy to take the racial pieces out of this and talk about it in abstract. What you're losing when you kill / expel the wealthy (whomever they are) and expropriate / redistribute property is cultural investment in institutions. In that people may feel the previous system was unjust, but they nevertheless believed in it. That belief (aka trust) takes generations to build. Revolutions which violently dislocate institutions don't replace them with alternatives: they start from zero. This has profound growth consequences when, for example, it takes four+ decades for people to trust the legal system again. Or banking. Or anything. |
|