Post
Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
Falmera
on 23/05/2018, 00:20:58 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.


I am for capitalism. For me this is good since each of the city will have their own budgeting and allocation for their own. The more their place needs, the more they will strive to keep up for those needs. The more the people strive to work since they know they can benefit to their effort.