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Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar... by purple-again on Saturday February 25, 2017 @09:46AM (#13731772)
You just described the history of China, South and Central America, the Middle East, Eastern and Western Europe, Australia, our friendly Nordic pillagers. Am I missing any? Oh that's right all those empires that crumbled to dust to form our current nations, them too.

You just described the history of Humanity.

Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar... by kakarot on Saturday February 25, 2017 @10:54AM (#13732051)
Yeah, it isn't that America doesn't deserve its riches, it's that just about every current national government doesn't deserve its riches. The working class is as globally exploited as its ever been.

edit: Yo guys I'm not saying we need to give it all back. History is stained in blood.

Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar... by hueving on Saturday February 25, 2017 @11:06AM (#13732108)
Im not sure America gained from slavery in the long run. The economic cost of the civil war, the destruction of the South, and the countless dead were probably a net negative over what was gain from slavery.

America achieved massive wealth in spite of a violent history, not because of it.

Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar... by malandrew on Saturday February 25, 2017 @11:13AM (#13732156)
The working class is living better than at any other time in history. Without progress they'd all be working fields, with little to no leisure time, with little in the way of education, entertainment and the arts. They'd be worried about famines and diseases that have long been brought under control.

Life back then was short, nasty and brutish. If the population continued to grow with corresponding progress, we'd be fighting even more over the limited resources available.

Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar... by hackuser on Saturday February 25, 2017 @11:15PM (#13735635)
> The working class is living better than at any other time in history

On the larger scale of history, yes. I don't think working class people are necessarily doing better than a few decades ago, when they had stronger unions and more power, and before wages stopped rising (which seems likely related to the loss of power).

But an important note, and I don't mean to pick on the parent. In these discussions, the working class is almost always described as "they" and not "we". What do we really know? Input from people with real experience is necessary.