It is so weird to read this, when Portugal used to be a major colonial power.
Times, they have a-changed...
It is so weird to read this, when Portugal used to be a major colonial power.
Times, they have a-changed...
China's per capita GDP is ~$12k.
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
https://www.statista.com/statistics/248063/per-capita-us-rea...
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
https://en.m.wikipedia.org/wiki/List_of_Chinese_administrati...
And to clarify, Beijing and Shanghai are not provinces, they are cities. They are two of the four mainland Chinese cities “promoted” to the province level politically, but they are cities. Basically it would be as if Washington DC was a state. The other two cities like this are Chongqing and Tianjin.
Portugal got out of its funk when a vaguely fascist dictator took over. Salazar.
He sacrificed prosperity and liberty to achieve stability, which was a good deal because Portugal didn’t have much prosperity or liberty.
The last of Portugals overseas (non-Atlantic) territory’s was ceded to China in 2000.
It’s been a long, strange trip for Portugal, but they haven’t been a wealthy empire since they gifted Mumbai to the British.
Perhaps there's a sense that land claimed through overwhelming advantage was not a fair fight and thus any gains should be returned?
All of them sucked, for someone or another, but ended up making us who we are, today, for better or worse.
In the US, we celebrate the War of Independence (American Revolution), where we threw off the yoke of British tyranny.
But there are some black folks, and native Americans, that maybe didn't get too much benefit from the war.
The Romans probably did more for diversifying the genetics and cultures of Europe and Western Asia, than anyone, from their brutality. The Chinese feudal system was so vicious, that it made the European one look like a day at Disneyland, but they also developed some important technological advancements.
The Aztecs and Incas were ... not exactly gentle ... to their neighbors, but established some pretty significant civilizations (that the Spanish then took apart). They didn't even have horses.
We have flamenco music, because the Moors conquered Spain.
... and so on ...
I'm really hoping that we may finally be seeing an end to one nation just reaching out and grabbing another one. Ukraine may be the last gasp of that. It may not be the end, however, of nations splitting into smaller ones.
Something similar also happened to Spain.
But more seriously, (good) human activity creates wealth - wealth being 'a better world' or 'nice things' or 'human happiness' or 'peace' or 'more toys' or the many other ways of understanding it.
Capital is an agglomeration of wealth employed to create more wealth - however without human activity and human direction it can do nothing, instead it amplifies such activity and direction. Furthermore, as society moves to post-industrialisation, the most important wealth creation will require much less capital investment, and much more human effectiveness.
In a capitalist society, wealth holders are trusted to direct capital more nimbly and effectively (for ~50% of the economy in modern economies) than the state. As such, they can be understood as creating wealth too. However, it is a simple matter for them to delegate to wealth managers, while creaming off an over-sized share of the proceeds. The trick then is to replace wealth holders with commonly beneficial capital ownership vehicles - i.e. pensions and sovereign wealth funds, while keeping a lid on the wilder excesses of the appointed wealth managers.