Make America Great Again for Your Kids and Grandkids
1 Make America Great Again 2 for your Kids and Grandkids 3 4 5 6 7 What really made America, and life, great: Partial adoption of 1 8 property rights and Capitalism in America, and after WWII, much 9 of the world, led to historically unprecedented increases in innovation and 10 the average wealth. Prior to 1776, most people were slaves or serfs, lived 2 3 11 on less than $3 per day , and had no running water, adequate hygiene , 4 12 or other necessities. 13 1 Behold the power of Capitalism: While England's GDP per Capita grew 300% between 1270 and 1775 (505 years), benefitting from the country's semi-adoption of reason during the Age of Reason and adoption of imperialistic mercantilism, when England partially adopted property rights in the subsequent 240 years, GDP per Capita grew 15,000% in about half the time, even as the great empire lost its imperialistic holdings and colonies. https://ourworldindata.org/grapher/gdp-per-capita-in-the-uk-since-1270 2 Historically, incomes were, statistically speaking, not normally distributed, since, far from being determined by a semi-free market, they were determined by government theft, apprenticeship, and birth. 3 It was Capitalism's mass development, promotion, and distribution of the infrastructure necessary for hygiene that's nearly doubled life expectancy in the last 100 years – not medical care or agricultural practices as some have theorized. https://ourworldindata.org/life-expectancy 4 https://www.theatlantic.com/business/archive/2012/06/the-economic-history-of-the-last-2000-years-part- ii/258762/; CC BY-ND 1 Of 211 h 7_4_19 w.ott 14 15 16 17 Behold the power of Capitalism: Partial adoption of property 18 rights in the United States, and after WWII, much of the world, freed 5 19 most men from slavery and serfdom.
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