IN recent months I have been advancing the idea that the fundamental fact of human life up to now, that land is life, has been invalidated by the industrial revolution.
My argument is that in the agricultural age the essence of wealth and survival was to possess land that could grow the food that kept you and yours alive and to defend that border to the death. But today the possession of food-growing land is a footnote. What matters is the knowledge to make things and the means to trade those things across the world. Or just download stuff from the Internet.
In the terms of a World Bank paper on capital that you should read, learn, and inwardly digest, this question is the difference between physical capital and intangible capital. For instance, compare the US and Russian Federation, then the oil state of Iran, then two traditional enemies, Greece and Turkey.
Christopher Chantrill (@chrischantrill) is a writer and conservative, and author of Road to the Middle Class. He runs usgovernment spending.com, the go-to resource for government finance data, is a frequent contributor to the American Thinker. He lives in Seattle, Washington. Click for more.
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Road to the Middle Class shows how people change their culture from country to city. Price: $0.99 at Amazon.
US Government Spending 2016, from usgovernment-spending.com. Price: $0.99 at Amazon.
An American Manifesto, a vision of the good society after the end of liberalism. Download free draft.
Weekly opeds starting in late 2003.
Blog and book. What should America be like in the life after liberalism when civil society replaces the administrative welfare state?
Blog and book. People get into the middle class with the cultural capital of religion, mutual aid, education, and law.
Yearnings for a wiser ruler.
Numbers, charts, analysis of government spending in the US. You can make your own spending charts and download spending data.
Numbers, charts, analysis of government revenue in the US. You can make your own revenue charts and download tax data.
Numbers, charts, analysis of government debt in the US. You can make your own charts of debt over the years and download data.
Take a course in government spending. It’s free!
Numbers, charts, analysis of public spending in the UK. You can make your own spending charts and download spending data.
Numbers, charts, analysis of public revenue in the UK. You can make your own revenue charts and download revenue data.
Results of United States presidential elections.
Results of United States House and Senate midterm elections.
What went wrong in the nightmare of the Great Depression? For ten long years, American was stuck on stupid.
We all know about TARP at $700 billion and change. But did you know that the total financial bailout of 2008, in spending and guarantees, amounted to over $20 trillion?