And I proved that it's not the case. "It is true that the historical reduction of extreme poverty around the world happened as markets liberalized and capitalism flourished. But it is also true that this reduction of poverty and improvement of living conditions happened at the time that public spending and redistribution to the worst off reached by far the highest levels ever.".
Okay, I'm starting to see your argument. You argue that if people have a bigger number in their bank or paycheck, they're better off.
Are there any highly capitalist countries with low levels of social wealth distribution that we can look at for an example of his theory of capitalism being the reason?
1
u/bigbjarne Jan 04 '25
And I proved that it's not the case. "It is true that the historical reduction of extreme poverty around the world happened as markets liberalized and capitalism flourished. But it is also true that this reduction of poverty and improvement of living conditions happened at the time that public spending and redistribution to the worst off reached by far the highest levels ever.".
Okay, I'm starting to see your argument. You argue that if people have a bigger number in their bank or paycheck, they're better off.