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by grafmax
422 days ago
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China’s economy has been responsible for approximately 75% of the global poverty reduction since the late 1970s [1]. It seems like we should credit socialism not capitalism with the reduction in poverty. Today we enjoy countless benefits due to workers’ movements of the past. These benefits were fought every step of the way by the business class. It’s highly ironic to attribute all this to capitalism. [1] https://www.worldbank.org/en/news/press-release/2022/04/01/l... |
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