I keep asking myself ‘How long can we have vigorous commerce in the current bureaucratic climate with global hatred of commerce and even the richest most successful tech developers supporting the anti-commerce political party in the U.S?’
The first step in my thinking is to recognize the fortuitous nature of our current peak.
Only in the U.S. has the hereditary elite disappeared allowing for the rise of meritocracy in big business. This was due to WWII where competent Americans rose to officer status in the military and became part of business after the war. The war was a response to Hitler, a fortuitous emergence.
The War also produced the American baby boom with the pro-small business generation of hippies. The small businesses became the commercial boom of the 1980-2000’s.
The post-War dominance by the Democrat Slave Party would have brought the U.S. the same socialist morass as arose in Europe except for the power of Stalin in starting the Cold War and the temporary emergence of an anti-communist wing of the Party. The anti-communist Cold War wing of the Democrat Party suppressed big labor unions and opened up global trade in the 1960’s. Fortuitous.
The combination was all fortuitous and we got the first and greatest tech and commercial boom ever to exist.
Meritocracy was joined with global trade, global American tech standards and a population that generated small business. All fortuitous. It didn't happen anywhere else. (Similar conditions created commercial vigor in Israel.)