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The European conquest of the world was increasingly financed through credit rather than taxes, and was increasingly directed by capitalists whose main ambition was to receive maximum returns on their investments. The empires built by bankers and merchants in frock coats and top hats defeated the empires built by kings and noblemen in gold clothes and shining armour. The mercantile empires were simply much shrewder in financing their conquests. Nobody wants to pay taxes, but everyone is happy to invest.
Sapiens
Yuval Noah Harari
History teaches us that what seems to be just around the corner may never materialise due to unforeseen barriers, and that other unimagined scenarios will in fact come to pass. When the nuclear age erupted in the 1940s, many forecasts were made about the future nuclear world of the year 2000. When sputnik and Apollo 11 fired the imagination of the world, everyone began predicting that by the end of the century, people would be living in space colonies on Mars and Pluto. Few of these forecasts came true. On the other hand, nobody foresaw the Internet.
Sapiens
Yuval Noah Harari
American politicians and bureaucrats struggled to reach a consensus about how to respond. On the one hand, despite the longstanding legal right of Americans to claim homesteads, the mandatory redistribution of other people’s private property was decidedly un-American. On the other hand, Washington’s more liberal foreign policy specialists argued that land reform was necessary to make Asian societies fairer and – in the context of an incipient Cold War – less susceptible to the rising tide of communism. (There was no significant body of empirical evidence, as of 1945, to show that land reform would inevitably lead to faster economic growth.) The tensions between the property rights camp and those who viewed land reform as the key to stabilising US allies in Asia were never resolved; this led to a see-sawing of policy for several years, followed by a retreat from support for redistribution despite its manifest successes.
How Asia Works
Joe Studwell
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