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42 sats \ 2 replies \ @kepford 15h \ parent \ on: Moscow Is Basically the Capitol from The Hunger Games econ
Unlike Russia, though, it hasn't always been this way in America.
Good point. The mistake many of us have made in looking at states is not realizing the things they have in common. Power and patronage. Centralizing forces suck wealth towards themselves.
I would say, that even in a free society, cities would have more wealth if I understand economic theory properly. The difference would be the reasons why.
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36 sats \ 1 reply \ @Undisciplined 13h
Yeah, in a free society you could think of it as places that produce wealth become cities.
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0 sats \ 0 replies \ @Solomonsatoshi 11h
US wealth is largely derived from its extraction of wealth from all other countries. US exceptional privilege built upon the petrodollar. Use our fiat USD shitcoin to make trade payments or we will bomb the fuck out of you. Top 1% have 90% of the wealth in 'the land of the free' USA today. USA today is a crony capitalist empire - that's in decline.
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