Re:What caused all the supply chain bottlenecks?
by m0zg on Thursday October 28, 2021 @07:17PM
(#29033297)
You don't need a book on economics to understand this. Just read some real, actual history books to see that after a war or revolution of any kind _nobody_ is better off. Start with the French revolution and just go over all of them in order. A hundred million people who died at the hands of the fascist or communist governments in the past century are, one would hope, a sufficient proof of that.
Re:What caused all the supply chain bottlenecks?
by paganel on Friday October 29, 2021 @01:40AM
(#29035539)
I think that many of us still believe that real, wide-scale economic levelling is still possible in normal times, there aren't that many history books that actively refute that (or at least I haven't read that many), that's why I mentioned that book and its conclusions.
Re:What caused all the supply chain bottlenecks?
by m0zg on Friday October 29, 2021 @07:59PM
(#29044829)
"Many of us" believe Earth is flat. Doesn't mean it's true. Look at the evidence.
Re:What caused all the supply chain bottlenecks?
by marvin on Thursday October 28, 2021 @05:30PM
(#29032274)
Probably "The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century"
Re:What caused all the supply chain bottlenecks?
by spiralx on Thursday October 28, 2021 @07:19PM
(#29033317)
No, it's Piketty's controversial book, one of his points was his analysis of historical data showed that the only time the ratio of wealth between capital and labour R decreased was during wartime, especially the two World Wars when incredible amounts of wealth was destroyed, seized or simply reverted to states because there was nobody left who could claim it.
Re:What caused all the supply chain bottlenecks?
by jonny_eh on Thursday October 28, 2021 @05:14PM
(#29032083)
> violent means (wars, revolutions etc).
Also plagues/disease. Currently relevant.
Re:What caused all the supply chain bottlenecks?
by jason0597 on Thursday October 28, 2021 @06:49PM
(#29033040)
This would be true if lockdowns didn't happen. As it is most of the wealth-owning class was told to shut themselves inside, isolate, then we got the vaccine and they manage to live on and keep their wealth. So not even plagues can save us anymore.
There was a book published a couple of years ago (before the pandemic) which was "demonstrating" (so to speak) that going back through history real financial/economic levelling at a reasonable scale only happened as a result of violent means (wars, revolutions etc).
I think what those violent means do (among other, more nasty things like people getting killed) is that (in some cases) they obliterate the societal/institutional structures on which a specific rent-seeking system is based, which gives the majority of the people a chance to "level up" until a new rent-seeking system takes shape.