Re:Why is America so rich?
by SkyMarshal on Friday November 12, 2010 @05:29AM
(#1897218)
You're right there, no disagreement from me on that point. I should have qualified it with Post-Industrial Revolution, which is what I meant. After humans learned on a widescale that a viable alternative to stealing wealth is literally creating it.
Sorry to abuse your illusions but some countries have become wealthy by stealing and/or borrowing from other countries - Spain after the conquest of the new world, for example.
It is certainly true that wealth based on conquest or credit doesn't last. That might be a reason for American policy makers to reconsider current policy. But you should never assume that just because a person, organization or country has a fat bank account, they ipso facto worked hard for it. If the world is just, it's only just in a long time frame.