1890-1970

>1890-1970
Massive technological and societal changing innovations that improved lives and made the general population wealthy.
>1970-2022
Nearly zero technological innovations except free talking apps. Everything else is useless in our everyday lives, we’ve gotten poorer as a whole.

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"High Level Equilibrium Trap. . . "

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Give me a rundown on the book

There is a wiki: en.wikipedia.org/wiki/High-level_equilibrium_trap

The book is a theory on why China, who was much more powerful than Europe before the Industrial Revolution, did not have an Industrial Revolution. The ruling elite who had the concentrated wealth and power in China were in power because of the way things were. To allow the changes, the ruling elite would have risked their power so they were 'trapped.' By not industrializing, they were colonized by societies that did industrialize.

Are you suggesting this is happening to us since we lack and haven’t developed any societal changing technologies since the 60’s? I think so since wealth is being concentrated by grifters that don’t want to create/invest new technologies because they’d be disruptive technologies and thus might be a threat to their wealth and power.

Innovating is very expensive and long term. Current society is run for quarterly shareholder profits

Technology was sold to us as a liberation and is now being revealed to be the method of bondage.

Technological universalism results in stagnation. This is why (((globalism))) is a bad idea. You HAVE to have nations. You HAVE to have nationalism. You HAVE to have group identity. If you don't, there is no impetus to develop further. Competition drives all innovation. Culturally, socially, technologically, and economically, you will stagnate if you have no competition.

Necessity the mother of all invention. There isn't much we need anymore.

>no technological innovations
Wtf is the Internet. Do you even realize that it's probably the single most impactful invention in the history of mankind?

They’ve run out of all Teslas work and there are no more Teslas

Pre Industrial Revolution Europeans were already btfoing the East Asians
Portugal got Macau in 1557

Yes

Our ruling elite (the pedophile blackmail mafia) are clinging on to the power they have using monopolies and corporate capture of government. Other societies will colonize us now.

This. Without the internet I would have never knows what retarded subhumans canadians are.

>1970-2022
>Nearly zero technological innovations
what a moron

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this happened to japan in the 90s.
this is not happening to usa or the west nowadays.
current problems have more to do with kikes, usury and a weakened dollar.

Name 500

We don’t need it dumb russ scum. Compare the internet to the flushing toilets, electricity, the fridge, the car, etc...

It is much faster in Asia and they also have many high speed rail networks. China has more middle class people then the USA has people now. The ruling elite in the USA have monopolized the internet in an effort to hold on to power so we are forced to use shitty expensive internet. Think of your shitty house. It is made out of a bunch of expensive plastic and glue and cost you 50% of your income for 30 years. Yet you can build a brick house for 1/4 the cost if the corporate captured local government would permit it and the bank would lend the money to build it, they wont. . . . so China will win.

Technology improves standard of living and efficiency which is deflationary.
All of these deflationary forces has been stolen by fiat moneychangers and then some through devaluing the currency.

imagine being such a fagot that you trivially choose a number to evade being wrong in an argument, and one could still easily respond back.

>Technology improves standard of living and efficiency which is deflationary.
except in real estate. not enough has happened there.
this

Imagine getting mad at what’s obviously a joke. People like you that seethe and shriek whenever anyone “is wrong in an argument” (lol) are big time pathetic losers. Stay on Reddit where mods helpfully bury posts that offend your histrionic little sensibilities you fucking cretin.

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Imagine being brown topkek

>China will win.
Based. Finally the Jews will lose.

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