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Posting as anon because I don't want to be condemned, honestly, you can't marginalize half of your population and be successful and you don't need a degree in econ to understand that. It's simple math.

But a degree in history would show you that yes, indeed you can marginalize half your population and be quite successful for a very long time.

When money bubbles out of the ground or grows on trees, yes, yes you can.

The window of time in which a majority of the members of a society have been franchised in the history of human societies is fleetingly short, totaling the last 50-100 years.

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