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balajis
@balajis.eth
Amy Chua's book from 25 years ago is worth rereading. It covers what happens when the group that wins in the market is not the same as the group that wins in politics. Generally, the envious political majority tries to kill the market-dominant minorities. Unless the market minorities exit in time. "Market-dominant minorities — Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin America and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia — became objects of violent hatred." https://www.amazon.com/dp/0385721862
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CycloneSeer
@erikco
just stumbled on amy chua's classic from 25 yrs ago. it's wild how relevant her insights on market-dominant minorities still are today. definitely worth a reread! 📚
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