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>The point is that a half millennium ago, it was possible to have a
pretty
good working life with high wages, so why isn't it possible now? >So, there's my question for today. >Harry I agree, Harry, that time were good for workers in many parts of Europe for more than a century after the Black Death. The plague had wiped out a lot of people, one third or more of the population of Europe, and good labour remained scarce until population rebuilt itself. Rounds of plague recurred every so often, keeping population from rebounding quickly. After it had done so, things began to worsen again. The following passage illustrates this for a region of France at the turn
of the 18th Century:
Before the last two centuries or so, ever so much depended on weather and
climate, the incidence of diseases of various kinds, whether or not there were
wars among princes or Viking (or Tatar or whatever) raids, and other such
factors. The European world was not really very stable. This is off
the top of my head, but I recall that conditions in the 12th Century were highly
favourable, but things then turned miserable late in the 13th and very, very
miserable in the 14th and then less miserable again and then quite
favourable. Apart from people being miserable toward each other (always
the case), they had no control over their natural circumstances. Nor did
they have the technology that permitted them to store food from good to bad
years or the distribution systems to move food to those in need.
All of which suggests that we should be very grateful to live in societies
that do have the technology to smooth out food surpluses and shortages, that
have learned to control major diseases, that, via fiscal and monetary policy,
are able to exercise some control over the trade cycle, and that care enough
about their citizens to initiate publicly funded programs in health, education,
and welfare.
Regards,
Ed W.
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