wealth poverty politics by [[thomas sowell]] [[reading list…

metamitya ·

wealth poverty politics by [[thomas sowell]] [[reading list]] [[async book club]]

Replies

metamitya ·

wealth is a function of a community's ability to produce not the amount of money it gets which can be printed and decouple from economic production

metamitya ·

a community's production capability is a consequence of many factors

metamitya ·

[[navigable waterways]]

metamitya ·

poor highlands vs rich lowlands. mountains are more isolated more difficult to develop

metamitya ·

mountain snows act as water battery to fuel rivers in dry times. africa has no mountain ranges... shallow rivers therefore small amount of river cargo since large tonnage runs aground

metamitya ·

rivers and seasonal flooding creates a nutrient renewal cycle allowing for first agriclture required to sustain cities [[first civilization]]

Slashvi ·

Very interesting comments