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by kukx
2208 days ago
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While not perfect free market/capitalism pulled up more people from poverty than any other system. It is usually about who you compare yourself to. If you compare yourself to 1% of the most wealthy country in the world then you are most likely going to look poor. But if you compare yourself to the bottom 1% of the poorest country you most likely going to turn out sickly rich. And when you do the same comparison to the poor in the far past then it gets even more crazy. |
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Nope not true - that award goes to communist China
>China lifting more than 800 million people out of poverty since the start of its economic reform is a "great story in human history", World Bank President Jim Yong Kim said today, underlining that there is "lessons to be learned" from this Chinese experience.
https://www.business-standard.com/article/international/chin...
>Over the past three decades, China has successfully led the greatest poverty alleviation program in the history of the world. During that time, an estimated 500 million Chinese were lifted out of extreme poverty.
https://news.trust.org/item/20140408110950-ndf6e/
I'm sure I'll be downvoted for this for some reason or another