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by ShorsHammer 2905 days ago
> Globalisation has resulted in the greatest reduction in human poverty to have ever occurred

Correlation ≠ Causation. How can you so easily attribute one to the other? I'd argue advancements in science have done far more to alleviate poverty and suffering rather than lowered trade barriers.

It's a common theme worldwide that most of the gains from globalisation have gone to the elites while environmental damage has been externalised.
1 comments
edanm 2904 days ago
That's not a bad point IMO, and one that I often vaguely wonder about too. Just how much of the reduction in poverty is because of capitalism/globalization, and how much is because of improved technology?

I'm not sure I know the answer to that. Then again, I'm not sure it's so easy to separate out these things - capitalism almost certainly lead to more technology.

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