Re:Why is the stock market rallying when the economy is so bad?
by thechao on Sunday May 10, 2020 @05:06PM
(#23136190)
The original formulation of the statement of “work hard and you’ll make it” was created in the context of 17th-19th c. Europe, where no matter how hard you worked, if you weren’t landed gentry, you simply could not make it. The idea was that any opportunity existed. The universalist position you described is a rosy reimagining of a history that never was.
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Re:Why is the stock market rallying when the economy is so bad?
by folkhack on Sunday May 10, 2020 @08:23PM
(#23137607)
This is super interesting to me and I would actually love to learn the origins of this... do you have any resources you may be able link? Books, articles etc.
Re:Why is the stock market rallying when the economy is so bad?
by neskiredk on Monday May 11, 2020 @08:12AM
(#23141248)
Precisely, My ancestors left Denmark and Sweden. Hundreds of thousands left doing the later period of the 19th century. Mainly because how the land was distributed and taxed in such a way that you could never get ahead.