[gervu]

The fact that some things are getting better doesn't change that others are simultaneously bad, or that things could maybe be more better if resource allocation wasn't so drastically unbalanced.

I seem to have severely underestimated the ability of HN readers to see basic economic data that's both well known and easy to look up like the rate at which the wealth of different demographics is changing as uncontroversial, which is...well, it's a thing.

[wait-a-minute]

The argument you made is that "it's hard to solve poverty due to wealth hoarding" and the response I provided is to show you that clearly that is not the case, given the rate at which poverty is being solved across the entire planet.

So either you've overstated the difficulty of solving poverty or overestimated the amount of hoarding or overestimated the impact of hoarding on the rate of solving poverty. Perhaps the amount of wealth someone has isn't entirely relevant to the amount of poverty, since wealth is not a zero-sum game.

Resource allocation being equal is not a prerequisite for eliminating poverty. Kings used to have all the wealth but the poorest American today still has a much better standard of living than the wealthiest kings from just a 200 years ago.