dkSez : : : : : : Don Kahle's blog

Full employment was a Soviet ideal. Full aspiration is what Australia offers. Hope is any nation’s most valuable resource. America had it for a full century. But the world has now turned upside down and Down Under finds itself on top.

Less egalitarian societies tend to be more innovative. The rich innovate for status. (“Automatic sprinklers!”) The poor innovate for survival. (“Dung-fired stoves!”) Inequality will produce societal wealth more quickly than equality, barring an implosion of insurrection. Witness the Cold War.