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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

The Mesopotamians eventually started to want to write down things other than monotonous mathematical data. Between 3000 BC and 2500 BC more and more signs were added to the Sumerian system, gradually transforming it into a full script that we today call cuneiform. By 2500 BC, kings were using cuneiform to issue decrees, priests were using it to record oracles, and less exalted citizens were using it to write personal letters. At roughly the same time, Egyptians developed another full script known as hieroglyphics. Other full scripts were developed in China around 1200 BC and in Central America around 1000–500 BC.

Sapiens

Yuval Noah Harari

Premature financial deregulation in south-east Asia led to a proliferation of family-business-controlled banks which did nothing to support exportable manufacturing and which indulged in vast amounts of illegal related-party lending. It was a story of banks being captured by narrow, private sector interests whose aims were almost completely unaligned with those of national economic development.

How Asia Works

Joe Studwell

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