Post
Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
Mastsetad
on 09/06/2018, 11:30:55 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 wonder what kind of a person would love to be in poverty, but not me, I can’t choose poverty over being rich, nah! It’s only stupid people will do that. Everyday of my life I’m always working hard towards living a better life in future, I even stay up most nights so I can be able to achieve my dreams. It’s not easy but I will continue to fight till I get what I need. As for poverty, that will never be my portion. I prefer Capitalism over that.