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Regression and extraction
The book Why Nations Fail makes the argument that sustained societal prosperity is only possible when eco**mic and political institutions are inclusive instead of extractive. It’s a little long-winded, but the historical accounts of the rise and fall of the Roman Republic and the Venetian city-state in particular are fascinating.
Both societies entered eras of strong growth and prosperity when they allowed larger parts of its citizens to partake in political and eco**mic life. This glory phase lasted for generations, but eventually the elite sought to protect entrenched power and privilege and turned inclusive institutions back to being extractive. Thus began the decline and eventually demise of their success. This is a drastic simplification and there is much more to both stories, but it got me thinking about just how fragile the commercial freedoms for software developers I listed yesterday are. There are many forces and elites working to turn this wonderland of prosperity and in**vation into a**ther wasteland. Here are some of the threats as I perceive them:
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