November 28, 2007

The Capitalist Gene?

Now Social Darwinism can apparently even explain why the Industrial Revolution occurred in Britain instead of China: In Britain it was a game of the survival of the richest according to Gregory Clark, an economist at the University of California, Davis. As the poor died off, it was the entrepreneuring capitalists who sired the new generation (just like Montezuma who was "said to to have kept 4,000 concubines") that forged ahead and created the industrial revolution.

The Smithsonian Magazine reports:
"Blame the Rich"