Post
Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
Tigorss
on 12/05/2018, 18:35:04 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.


it's just a form of motivation to make you more eager to work and earn money in poor conditions, it's good to see some news about it.