Earlier quoted context omitted.
Capitalism has lifted billions out of poverty. Even China, who is communist in name, only started experiencing high economic growth once Deng Xiao Ping started reforming the state to be more market oriented, ie capitalism-lite.
> Capitalism has lifted billions out of poverty. It's not clear that capitalism was a necessary component of globalisation or the progress of technology, both of which are adequate to explain any benefits capitalism might claim. What is clear is how many billions capitalism has kept in poverty while the top 1% get absurdly rich. 10 men had more wealth than 3.1 billion people in 2021[1]. The US, supposed beacon of cap…
Some countries have to build (real or metaphoric) walls to prevent people from getting in...
Some countries have to build (real or metaphoric) walls to prevent people from getting out...