Post
Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
alfs75
on 10/01/2018, 02:09:49 UTC
This is a decent youtube clip emphasizing positive aspects of capitalism.

https://www.youtube.com/watch?v=_n6ivGgb9RY

More fuel for the discussion on capitalism fire.

The main point alleged here is: "world poverty has fallen by 80% since 1970".

They claim capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards.



Will,capitalism is good but for me it is anti poverty because  mostly benefited of this kind of government are those oligarch people who willing to extending  there wealth to the fullest,and those simple entrepreneurs will  be affected there livelihood like us.being a capitalism country its just not define of solving the poverty in your country,because those poor and less fortunate people will retain on its position,to become more poorer while those wealthiest people much more they become rich especially those who have a position in the government they must protect there wealth or asset,if our governance become capitalism.cryptocurrency just not  define in capitalism but its define of being democratic or your free will.