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/liberty/ - Liberty

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WARNING! Free Speech Zone - all local trashcans will be targeted for destruction by Antifa.

File: 595d7e130752da5⋯.png (160.26 KB, 557x344, 557:344, ClipboardImage.png)

 No.82028

What happened to Britain? How did the world's largest mercantile empire shit the bed this hard?

 No.82030

>no source


 No.82031

>>82030

Do you really need a citation for the fact that the British empire used to control a shit ton of the world and is now a tiny worthless set of islands?


 No.82035

>>82031

I agree with it. But the graph shows the US already overtaking Britain by 1890 which is why I'm a bit sceptical. Also, what's meant by wealth? Productive capacity? In this case, Germany would be considered much higher. Raw material? Labor power? GDP?


 No.82062

>What happened to Britain? How did the world's largest mercantile empire shit the bed this hard?

socialism


 No.82064

>>82028

Other parts of the world became wealthier, retard


 No.82065

This is just an awful graph. Italy and Japan look way too similat, and so does Britain, Austria, and USA


 No.82108

File: 453e07b0217fd9c⋯.png (93.59 KB, 616x307, 616:307, ClipboardImage.png)

File: 21bb3c47eb6d4ac⋯.png (108.51 KB, 637x307, 637:307, ClipboardImage.png)

>>82035

>>82030

Graph was made by this fag, though his argument may or may not be cogent:

https://benjaminstudebaker.com/2015/12/17/how-austerity-destroyed-the-british-empire/comment-page-1/

>But in any case, what we see in the historical record is that Britain’s relative share of global wealth peaks a couple decades after the end of the Napoleonic Wars, in the 1840’s, holding even until the 1860’s, and the dropping at an increasingly rapid pace until World War I, when Britain finally stopped the austerity. It slides further during the 1920’s when Britain tried to reimpose austerity between the wars, before stabilizing again once Britain abandons the gold standard in the 1930’s. John Mearsheimer’s figures from The Tragedy of Great Power Politics tell the story of Britain’s decline.

This is the table from the book.

https://www.e-reading.club/bookreader.php/1032230/Mearsheimer_-_The_Tragedy_of_Great_Power_Politics.html

Table 3.3 where he explains his calculation method is the second image, it's based on steel production and energy consumption.

>>82064

>own 1/4 of the Earth's surface

>fail to develop it


 No.82113

One imperial thalassocracy was replaced by another. It's kinda obvious from the graph posted.

>>82108

>wasting capital on brown people

lol


 No.82122

>>82113

When do we replace it with the /liberty/ thalassocracy?


 No.82184

>>82122

When we get those seasteads ready and secure a shipment of Zirkon missles.


 No.82185

They stopped disrespecting the NAP.


 No.82195

>>82184

>Zirkon missiles

>not Satan 2 missiles

Heh, pleb.


 No.82211


 No.87930

They moved from a small government/free trade system in the mid 1800s towards socialism, while the US kept up (more or less) with the free market system.

Other countries developing - as they tend to do - helped as well.


 No.87944

If you added together the modern day wealth of India, South Africa, Ireland, the nations of the commonwealth, and the U.K., where would they be in that graph?


 No.87983

>>87944

$75 trillion world GDP

All the commonwealth is about $15 trillion. So, they're basically commensurate with the U.S..


 No.87998

Imperialism is expensive. The empire was a net drain on the British economy despite being established to enrich it. Economists were arguing in Parliament for years to start dismantling the empire even at the peak of its territorial glory, but politicians and ideologues constantly argued to keep it for reasons of pride, prestige, and philosophy.




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