Capitalism has generated an average of a whopping $20,000 in total surplus value for every human: i.e. ( Global Household Wealth – Global Debt ) / Population (est 8 billion). Up from an estimated $150 per person pre-Rome (iirc, from a Euro-centric historical perspective). Also take note of the difference between the M2 supply and total debt; how the world owes over three times what it can afford to pay
Capitalism has generated an average of a whopping $20,000 in total surplus value for every human:
i.e. ( Global Household Wealth – Global Debt ) / Population (est 8 billion).
Up from an estimated $150 per person pre-Rome (iirc, from a Euro-centric historical perspective).
Also take note of the difference between the M2 supply and total debt; how the world owes over three times what it can afford to pay