A problem that often gets overlooked are the (geo) political ramifications of differences in economic output. I’m not sure if this is an existing hypothesis, but it seems evident to me.
If one actor grabs the bigger share of economic growth that puts it in a position of power over others. Nation states that can grow their population, resource extraction and have export surplus can use those things to exert political power over others. This means that states have a strong incentive for growth.
Likewise, if a population is dependent on money for their necessities, and there exists a limited stock of it, those who command a large fraction of it have defacto leverage over those with little.
If one actor grabs the bigger share of economic growth that puts it in a position of power over others. Nation states that can grow their population, resource extraction and have export surplus can use those things to exert political power over others. This means that states have a strong incentive for growth.
Likewise, if a population is dependent on money for their necessities, and there exists a limited stock of it, those who command a large fraction of it have defacto leverage over those with little.
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