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0 sats \ 2 replies \ @Solomonsatoshi 8 Oct \ parent \ on: Government’s Eternal Hunger for a Free Lunch econ

The British colonies fought to free themselves from the colonial yoke this is true- to then form their own government that better served their economic interests. TO FORM THEIR OWN GOVERNMENT. Because they understood that forming their own government would enable a government better positioned and able to serve the best interests of the citizens rather than remaining tribute paying colonials to the British Empire. Just as citizens in many countries today are paying tax and other tributes to the USA which has now become the hegemony that succeeded the British! Government is fundamental to the wealth of nations- nothing you have written shows otherwise.

0 sats \ 1 reply \ @sudonaka 8 Oct

I named for you an example like you asked.

The prosperity and wealth of the colonies UNDER THE CROWN- was empirically and objectively NOT due to government, good or otherwise.

In fact, the government in that case was so outrageously bad, and the people courageous enough, that they overthrew it.

So in that case at least you are wrong. Wealth and prosperity of the pre-revolution colonies did not come from government.

0 sats \ 0 replies \ @Solomonsatoshi 8 Oct

Being governed by a Colonial power is exactly what many nations today experience under the monetary hegemony of the USA. It is still government - just one operated from a foreign jurisdiction that has power over the colony. My country was a colony of Britain until post WW2 coming to be monetarily and militarily a tribute state to the USA. The USA has many such quasi colonies that are effectively subservient militarily and monetarily- namely the EU, UK, Canada, NZ Australia, Japan and S.Korea. All pay tribute and are subject to the dictates and demands of the imperial USA Empire- and US citizens enjoy billions in the bounty from this modern Empires hegemony over other nations. Colonial governments tend to extract wealth and exploit the resources of their colonies but also provide markets and governance models so there good and bad aspects- regardless the government of nations is fundamental to the wealth of nations - whether that government is via Imperial overlords or self government. The truth is there are fuck all nations today not to some extent held over by USA or China. How many truly sovereign nations are free of external powers? Very very few.