[gruez]

>75% of global poverty reduction has been due to China lifting over 800 million people. The real number is even higher if you account for Vietnam, Laos and Cuba. Then there are also many nations that don't classify themselves explicitly as government-planned economies where the public sector plays a huge role in providing a wide breadth of basic services to the people, rather than the private markets doing so.

You can also make the opposite argument by pointing out China's growth only really got started with Deng's market liberalization reforms, which did the opposite of what you described.

[kanduri]

The government guaranteed access to the basics to the masses. It made money via the market liberalization policies. I was talking about how governments using their budgets for inclusive policies can have a much more impactful role in poverty reduction.

In other nations where the governments don't take these proactive role, people are at the mercy of market forces for everything, including basics needed for survival.

Topic on how governments can make money via global trade is a different thread of discussion. This one pertains on how the public sector can/should use their power to empower the underprivileged.