Post
Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
South Park
on 21/06/2018, 21:25:49 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.



You should promote this video to anti-capitalist "social justice" activists who hate capitalism ,but use computers and smartphones. Grin
I don`t hate capitalism,i hate the bankster cartel of all central bankers,that are trying to ruin the markets and steal peoples savings with the negative interests policy.
The demographic growth of the third world population keeps the poverty levels high.This is the main issue to focus on.
They are the biggest problem, capitalism is just the way things work, we could even stop calling it capitalism and just call it the natural state of things, but those that are at the top, the bankers. do not really produce anything of value, they can print money while everyone else needs to exchange products and services, so they are stealing your effort with the stroke of a pen and that is completely unfair and should be punished.