Laeserin on Nostr: Humans tend to flourish most under capitalism in its early, distributed stage. The ...

Humans tend to flourish most under capitalism in its early, distributed stage.

The most-successful modern economies are those that had governments that managed their market lightly, but enough to keep the wealth widely-distributed. Such as Western Germany, with its Wirtschaftswunder. Or those that simply conquered vast, new geographical areas or discovered extractive resources, and distributed that wealth to the citizenry, like the USA, Canada, Norway, or Australia. But this only slowed down the decline, and eventually led to government-sponsored private debt accumulation (student loans, long-term mortgages, debt forgiveness, etc.) to try to extend-and-pretend that the party wasn't over.