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A comment on The Elite Master’s Degrees That Don’t Pay Off. Parent comment

Re:The Elite Master’s Degrees That Don’t Pay Off by themagicalyang on Friday July 09, 2021 @03:00AM (#27781131)
US is the prime example of a capitalist ecosystem. I would argue that this is what made US the superpower it is today.

So to do away with it goes against everyone who enjoys the benefits of the system in US. Those who enjoy the benefits are also those in power.

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Re:The Elite Master’s Degrees That Don’t Pay Off by kaonashi on Friday July 09, 2021 @05:57AM (#27782092)
The US gained its advantage during the 40s-70s, when the government sector was a much larger percentage of the economy. We've been coasting on the efforts of that period and are now losing ground to countries that have their act together.
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Re:The Elite Master’s Degrees That Don’t Pay Off by opo on Monday July 12, 2021 @01:21AM (#27807300)
>...The US gained its advantage during the 40s-70s, when the government sector was a much larger percentage of the economy.

The government sector is larger now than pretty much anytime since the end of WW II.

The US gained its advantage when it was the only industrialized country that wasn't devastated by WW II.

https://taxfoundation.org/short-history-government-taxing-an...

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Re:The Elite Master’s Degrees That Don’t Pay Off by kaonashi on Tuesday July 13, 2021 @02:26AM (#27818113)
that's mostly due to financial bailouts.

https://fred.stlouisfed.org/graph/?g=8fX

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