Fascinating to see that the big change in family income over the last 200 years wasn't the shift from male breadwinners to dual-income or female breadwinners It was the dramatic decline of the "clan-based" economic unit, such as family farms or family-owned stores https://t.co/QfvlGItO6Q
An entrepreneur’s job today is not about the means of production, it’s about the means of distribution. The fortune doesn’t go to the person who can make something, it goes to the person who can sell it.
" If you want to summarize the changes in family structure over the past century, the truest thing to say is this: We’ve made life freer for individuals and more unstable for families. We’ve made life better for adults but worse for children. We’ve moved from big, interconnected, and extended families, which helped protect the most vulnerable peopl
... See moreMeanwhile, in France and Germany, some aspects of the economy relating to extended families also remain stable, just as they have managed to do through two world wars and the collapse of European empires. This is due to communal property ownership laws that do not exist in the globalising system of the Anglosphere. French and German extended famili
... See moreHumans evolved as hunters and gatherers where we all worked for ourselves. It’s only at the beginning of agriculture we became more hierarchical. The Industrial Revolution and factories made us extremely hierarchical because one individual couldn’t necessarily own or build a factory, but now, thanks to the internet, we’re going back to an age where
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