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Capitalism - And Everything Else

Capability Amplifier

CHAPTER

The Wealth of Nations

In march of 1776 a scott by the name of james cook Produced the first steam engine that produced 25 more energy than it consumed. That's the start of modern industrial Capitalism is that when you have a self-made You have an innovation that has a 25 percent multiplier factor and then countries themselves should do what they're really great at and trade with other countries who are good at something else. Those melt theory of comparative advantage And then you have the decoration of independence and that's the trifecta Yeah, and uh, the u.s. were just ready for These new things Great.

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