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The Great Enrichment and Its Lessons
This chapter explores the historical and economic shifts that have led to significant global poverty reduction and the importance of recognizing the strengths of liberal democracy and free market capitalism. It emphasizes the need for younger generations to learn from past successes and failures to avoid societal decline, using examples from Venezuela and the dramatic economic changes post-Industrial Revolution. The discussion highlights the relationship between political stability, economic policies, and the transformative growth that has occurred over the last 150 years.