I really loved your post, Russell! You probably noticed that I also enjoy comparing history to what’s happening today—it’s such an interesting way to get perspective.
I’d love to hear your thoughts on how we can actually achieve this vision.
A lot of people say, "The government should do this or that," but the reality is that the more we rely on the government, the higher the taxes have to be. And since there aren’t many ways for governments to effectively tax enterprises, the burden often falls on those with fixed salaries, especially earners in the top 90th percentile.
This creates a big problem for high earners (like I used to be). I remember feeling frustrated working over eight hours every day, only to see 45% of my salary go to services that sometimes felt wasted or abused. And since there aren’t many of us in that situation, we often have no real voice during elections.
I’ve never lived in the U.S. long enough to fully understand the situation there, but as a UK citizen, I do feel a bit envious. It seems like innovation is more effectively fostered in the U.S., and there’s less bureaucratic red tape getting in the way of bringing real benefits to people. Here in Europe, I don’t see as much innovation, and it’s definitely harder—about ten times harder—to raise funds for startups compared to the U.S.
Sorry if my thoughts are a bit all over the place, but I just wanted to share. I’d really love the chance to discuss this more with you!