Re:Even during a crisis, colleges abuse their economic and r...
by watwut on Sunday April 12, 2020 @08:09AM
(#22847690)
That being said, in 1700-hundreads they still depended on army. And the interdependence with other households was great too. The was reasons back then for people to bundle themselves into small cities - survival on you own would be quite hard.
Re:Even during a crisis, colleges abuse their economic and r...
by nabla9 on Sunday April 12, 2020 @08:59AM
(#22847960)
Another misconception is that free market is the default state in society.
In the pre-industrial societies concept of 'fair price' in contrast to 'market price' was very important. Any attempt to increase or lower price to get advantage of distress of others was dealt by the community.
Re:Even during a crisis, colleges abuse their economic and r...
by battery_cowboy on Sunday April 12, 2020 @08:19AM
(#22847740)
That's the big lie: that there ever were more than a small handful of actual frontiersman, most people lived in civilization, but the people in power want you to believe you come from a long line of bootstrappers. In reality, we've all been interdependent for hundreds and thousands of years, being ground down by the elite.
Re:Even during a crisis, colleges abuse their economic and r...
by battery_cowboy on Sunday April 12, 2020 @08:08AM
(#22847686)
There you go, they don't realize that they're already reliant on society, they think that they're doing it all themselves, it's peak narcissism.
In 1700-hundreads you could drop average household with some seeds and few tools into the forest and they would go on. If there was village around with 50-100 people their productivity would probably double. Connected to organized state and trade it might increase even more.
Today >95% of the value from work comes from the infrastructure and society around people. Marginal improvements to aggregate education levels improve aggregate incomes and productivity. If your country has higher educated lazy bums than some other country, it creates value and wealth and you are freed to do marginally more demanding and valuable work for yourself. Getting even lazy bums go trough college can easily flip into net positive due to slightly better lifetime earning and health.