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Comment by convolvatron

2 days ago

the important part of the American system you're not addressing is that it makes sure no one accidentally gets something they don't really deserve.

It has far more to do with respect for private property due to the existence of a class of sophisticated, politically literate professionals capable of opposing development. Europe and Canada are similar; the extent to which this retards the economy is more obvious in Europe. It isn’t hard to build a road when you can just expropriate all the land and completely disregard environmental impacts.

"no one" = poor people.

All the old money already got a ton of wealth they didn't really deserve (conquest through Native american genocide)