Re: Why I hate Tories - with examples
Right.
The abject poverty of riots by social media.
Smart phones, TV, Internet, time to watch football, excess wealth to spend on team colours.
Maybe read a little about what life was like before the industrial revolution.
The average person was illiterate, had no extra clothes, the concept of watching sport and having disposable income to spend was non existent for the masses.
Our poor in the first world are richer in many ways then the wealthiest pre industrial monarchs. Health, length of life, mobility, access to information, have all dramatically increased.
A pyramid scheme is a zero sum game redistributing profits from the bottom to the top.
The industrial revolution allowed massive productivity gains. This allowed people to have a cloth surplus, to sell more, to widen the availability of fashion. To increase free time, to have leisure, to increase the percolation of romantic love, to increase life spans and quality of life. It was not a zero sum game. Yes, some at the top earned a lot of money out of it. But it also created a powerful middle class based on knowledge and ability not peerage and land holdings.
It also illustrated the perils of Luddites, protectionism and how patents both allowed a boom and also throttled innovation. The increased productivity was attacked by workers afraid of losing their jobs. Protectionism against cotton by wool special interests held back productivity. The first patents allowed inventors to earn money for their inventions, but each time the patents ran out there was a boom in productivity as more people gained access to the inventions at cheaper rates.
Originally Posted by Louis VI the Fat
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