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3min chapter
Everything Divided by 21 Million with Knut Svanholm (WiM211)
The "What is Money?" Show
Why You Have to Accumulate More Capital Per Unit of Time
"I don't see any path to the process of civilization, like ongoing civilization, other than wealth accumulation," he says. Richer societies tend to be more peaceful and contentious because there's a lot more economic scarcity in poorer ones. "You can very easily relieve the contention by just creating more capital per unit of time", writes David Frum.
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