In the 17th century, when it was universally held elsewhere in Europe that a strong society required intolerance as official policy, the Dutch Republic was a melting pot. The Dutch codified the concept of tolerance of religious differences, built a vast commercial empire and spawned a golden age of science and art in part by turning the “problem” of their mixed society into an advantage. Dutch tolerance was transplanted to Manhattan: They were so welcoming that a reported 18 languages were spoken in New Amsterdam at a time when its population was only about 500.Tolerance, yes. The more the merrier.
While many economies elsewhere in Europe were still feudal, the Dutch pioneered an economic system based on individual ownership of real estate. That came about because the Dutch provinces occupied a vast river delta, in which land was at or below sea level and therefore constantly under threat. People in those communities banded together to build dams and dikes and reclaim land. The new land was not owned by a king or a church. Instead, the people who had created it divided it and began buying and selling parcels. That incentivized a whole society, fueled the growth of an empire, turned the Dutch into entrepreneurs and made them the envy of other Europeans.
Entrepreneurs, yes. We need them more than ever. But capitalism, in its present form, not so much. Can we have entrepreneurs beyond capitalism? And, btw, what's beyond capitalism? It's surely not Soviet-style socialism. Norway?
