The Birth of Modern Prosperity, Part IV: Grasping Towards Equality (with Branko Milanovic)    
On Humans18 Jun 2024

The Birth of Modern Prosperity, Part IV: Grasping Towards Equality (with Branko Milanovic)    

The Industrial Revolution played in the hands of the rich. A century after James Watt revealed his steam engine in 1776, the richest 1% owned a whopping 70% of British wealth. Then things changed. Across rich countries, inequality plummeted for decades.

Join Branko Milanovic on this quest to understand the evolution of inequality during the building of modern prosperity. Our conversation ranges from Karl Marx to the "golden age” of American capitalism and from Yugoslavia’s market socialism to China's rise.

To explore this theme with the help of graphs and visuals, see my essay at OnHumans.Substack.com.


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ANNOUNCEMENT

I'm writing a book! It is about the history of humans, for readers of all ages. Patreon members get access to early drafts. Chapters 1-3 are available now.

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Episoder(112)

Beyond Paleo: A Culinary History of Humanity ~ Daniel Lieberman

Beyond Paleo: A Culinary History of Humanity ~ Daniel Lieberman

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24 Aug 1h 2min

When Did Globalisation Really Begin? ~ Valerie Hansen

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25 Jul 47min

The Why of War and the How of Peace, Part II: Lessons from Prehistory ~ Douglas P. Fry

The Why of War and the How of Peace, Part II: Lessons from Prehistory ~ Douglas P. Fry

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21 Jun 41min

The Why of War and the How of Peace, Part I: Lessons from the Modern World ~ Douglas P. Fry

The Why of War and the How of Peace, Part I: Lessons from the Modern World ~ Douglas P. Fry

History is full of wars. Why? Is war driven by fear? Greed? Revenge? Ambitious leaders? Is it rooted deep in human nature—or does it emerge only under particular social conditions? And what do we lear...

19 Jun 47min

The Big Picture: Measuring the Origins of the Modern World ~ Bishnupriya Gupta & Stephen Broadberry (Great Divergence #5)

The Big Picture: Measuring the Origins of the Modern World ~ Bishnupriya Gupta & Stephen Broadberry (Great Divergence #5)

Was India once an affluent empire, later impoverished by British colonisation? Or was India never rich to begin with? More generally, what does historical data on wages and other economic indicators t...

14 Mai 46min

A View From the East: China, Japan, and the Other Paths to Prosperity ~ Debin Ma (Great Divergence #4)

A View From the East: China, Japan, and the Other Paths to Prosperity ~ Debin Ma (Great Divergence #4)

The tech gap between China and the West is closing fast. But why did the land that invented paper and gunpowder ever fall behind? Debin Ma is the world’s leading economic historian of East Asia. In th...

7 Mai 46min

Why Did the Industrial Revolution Happen in Britain? ~ Robert Allen (Great Divergence #3)

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Why was industrial modernity born in Europe and not, say, China? This is one of the most consequential questions about the origins of the modern world. Yet asking “why Europe” can mislead. The Industr...

29 Apr 58min

Why Did So Many Inventions Come from Europe? ~ Joel Mokyr (Great Divergence #2)

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Several inventions mark the progress towards modernity - the Gutenberg printing press, the Galileo telescope, the Watt steam engine. But why was Europe the birthplace of so many of these? Joel Mokyr, ...

22 Apr 48min

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