The same can be said for feudalism, yet powerful monarchs are largely gone.
The innovations that help people live longer aren't private property, they're medical science and city planning.
They don't depend on private property to continue existing
The innovations that help people live longer aren't private property, they're medical science and city planning.
They don't depend on private property to continue existing
Private property is what generated the massive gains in productivity that allow society to allocate resources to employing specialists like doctors, researchers and water sanitation engineers.
Even over the last 50 years, it's abundantly evident that private property rights facilitated the unprecedented gains in wages and quality of life seen globally;
https://www.ted.com/talks/paul_romer
http://www.economist.com/news/leaders/21578665-nearly-1-bill...
http://www.csmonitor.com/World/2016/0207/Progress-in-the-glo...