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ssri's avatar
Jul 4Edited

A happy and prosperous July 4th to all of Michael's US and non-US readers.

One aspect of relative ranking we don't seem to mention or appreciate enough is what the future probably holds. The US is about 5% of the world's population and has about 25% (or more?) of the world's GDP. But if progress proceeds across the globe as this project envisions and hopes, then that relative ranking will change as other groups/ nations also gain increased productivity, prosperity, political freedoms, etc. So we need to keep track that what might look like a relative decline for the US is actually a rise in the rest of the world, as all groups may also increase their absolute measures of wealth, health, longevity, liberty, etc.

"Decline" under those conditions should be explicitly appreciated as an improvement for mankind, not any embarrassment for the US -- which in fact as you state has been a beacon of what is possible, if only more and others would learn from and follow it.

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ssri's avatar
Jul 4Edited

My mention of "liberty" below triggered (retriggered actually) a question that perhaps you have the experience and background to answer somewhat definitively: viz;

It seems there is not yet a clear explanation about the respective sources (or precursors) of liberty vs. prosperity. Did the developing liberty of the early Renaissance as people flooded into towns and away from feudal obligations, formed guilds, etc., lead to their increasing commercial prosperity since they had increasing freedom to engage in business, etc.? Or did the ability to accumulate some levels of wealth (especially post Black Plague?) foster demands for increasing political voice, responsibility, accountability, etc., such that more politically liberal institutions came to the fore?

Or maybe things just developed in parallel and no clear progenitor can be ascertained?

I understand that some of the legal protections and privileges evolved out of the development of Church canon law, coupled with rejuvenating an understanding of prior Roman law. Presumably this also evolved in parallel with the advances obtained by the commercial societies you have discussed.

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