Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

India lifted 415M out of poverty in 15 years, says UN

economictimes.indiatimes.com

Post reply on HN
Print view View original

101–110 of 544 posts

Re: India lifted 415M out of poverty in 15 years, says UN

#101

Post by amanaplanacanal »

socialdemocrat wrote: post #90
m4jor wrote: post #40

Earlier quoted context omitted.

Because China is the number one threat to democracy and the US. They also are responsible for stealing hundreds of billions of dollars of IP from the US every single year. https://en.wikipedia.org/wiki/Allegations_of_intellectual_pr... And masters at stealing R&D and tech from US companies for their own use https://en.wikipedia.org/wiki/List_of_Chinese_spy_cases_in_t... https://www.cbsnews.com/news/chinese-hackers-to…

I don’t like the CCP, but in practice the US conservative movement is probably the biggest threat to democracy in the West today. They are spreading the idea that elections need not be respected and spread conspiracy theories people are eating up all over the world. For instance when we started getting problems with vaccination of people in Norway it was not due to China but fake news and conspiracies pushed by the r…

I wouldn’t say the conservative movement as a whole, but the MAGA folks currently ascendant in the Republican Party are certainly a threat.

Re: India lifted 415M out of poverty in 15 years, says UN

#102

Post by Kukumber »

no_butterscotch wrote: post #66
Kukumber wrote: post #26

Earlier quoted context omitted.

It has nothing to do with capitalism, it's all about strong government, strong institutions and the people who understand and pursue a common goal i.e: a synchronized society If anything, capitalism wins at: https://www.bloomberg.com/news/articles/2022-01-11/india-s-d...

Not OP, but I think what he's referring to is communism declining a generation ago: > Following liberalizing economic reforms in the late 1980s and early 1990s, India is now one of the world's fastest growing economies, as well as the second most populous. https://web.archive.org/web/20110520002800/https://www.ers.u...

This is exactly what i'm saying, without the people deciding one the policies and the tools to use, it's nothing

Otherwise we see other kind of societies:

https://lareviewofbooks.org/article/cartel-capitalism/

Re: India lifted 415M out of poverty in 15 years, says UN

#103

Post by socialdemocrat »

m4jor wrote: post #46
paxys wrote: post #42

Earlier quoted context omitted.

USA is the number one threat to democracy in the USA. There's no point continuing to blame China, Russia or whoever else for domestic problems.

Nation-state hackers from Russia and China are certainly running active campaigns in US elections to disrupt or manipulate them. https://www.washingtonpost.com/politics/2022/10/17/chinese-h... Best evidence of this is the previous 2020 elections.

That sucks, but the US lacks moral authority to point fingers as the US has such long history of manipulating elections all over the world, overthrowing democratic leaders. The US even actively spied on European citizens through PRISM at a scale never done by either China or Russia. When Snowden exposed the US, it just shrugged “everybody spies on everybody”.

Okay, if so, then why complain about Chinese spying? They are just doing what the US is even more guilty of.

As a westerner I would love to see the US stop embarrassing us in front of autocrats.

Re: India lifted 415M out of poverty in 15 years, says UN

#104

Post by vishnugupta »

aerovistae wrote: post #13

Interested in comments from anyone who lives in India or has experience/familiarity with it as to whether reality on the ground matches the rosy picture painted in the article.

Purely anecdotal, please don’t ask me for data, sources etc.

It seems to me the government is doing a good job of supporting those at or below abject poverty. There are food security programs, free medical aid, education, and I guess even housing. Of course the poor have to wade through bureaucratic and corrupt system. But with digitization it’s getting fixed to an extent.

That said, the huge challenge I see is in the so called middle class segment. For a reasonably educated person the jobs just don’t exist any more. So the mullion of people who join the work force every year have to fight for a few thousand jobs. And they live their life precariously, just one or two jolt away from falling back into poverty. For a vacancy of 10 clerical posts tens of thousands jobless people turn up, some of them way over qualified. This cohort is really getting disillusioned and is easy to manipulate and radicalize.

India is a hugely complicated, vast, and diverse country, it can’t be comprehend by one person or even group. So you will come across all kinds of contradicting views all of which could well be true simultaneously.

Re: India lifted 415M out of poverty in 15 years, says UN

#105

Post by dotnet00 »

joenot443 wrote: post #14

Do millennial and gen-z Indians have a similarly skeptical view towards capitalism held by so many young people in NA and the EU? I had a friend tell me the other day that I couldn't be anti-racist if I wasn't anti-capitalist, because capitalism is by inherently racist. Ever since 2018 or so it seems as if anti-capitalism has become part of the mainstream progressive Western viewpoint, while I don't remember that bei…

Most young 'anti-capitalists' in the West are still generally capitalists who prefer socialization for certain essential industries like healthcare or are disillusioned by the gerontocracy trading the future of the young to further maximize their own comforts (see: housing, education, anything to do with green energy or big tech). The kinds of people you're talking about are fringe extremists.

Re: India lifted 415M out of poverty in 15 years, says UN

#106

Post by akudha »

spaceman_2020 wrote: post #3

One of the best things about living in India is watching families move from lower or lower-middle class to middle-class status. Usually, all it takes is someone from the family landing a white-collar job. While the tech bodyshops (TCS, Infosys, etc.) might have a poor reputation in the US, these companies have been absolutely critical in helping move tens of millions into middle-class respectability.

Not everything is rosy though. In cities like Bangalore, real estate is super expensive, thanks to software salaries. The same is happening in second, third tier cities now.

But generally speaking, yes, all it takes is one person from a family landing a white collar job. And life becomes (relatively) much better

Re: India lifted 415M out of poverty in 15 years, says UN

#107

Post by svieira »

diordiderot wrote: post #41
mensetmanusman wrote: post #15

Such an awesome accomplishment. Also, it’s interestingly a huge black eye to the CCP: news of this Indian accomplishment will be censored in China, because it proves that nations can progress without forced-sterilization/-abortion/-1-child-policy/authoritarianism/ etc.

And all the Chinese got was 2.5x GDP per capita

"That's a chain of office you are wearing; may I see it? Why Richard, it profits a man nothing to give his soul for the whole world ... but for Wales?"

https://youtu.be/bLIsqYKDqY8?t=214

To put it another way - how many children are an acceptable sacrifice for mammon? I say "none".

Re: India lifted 415M out of poverty in 15 years, says UN

#108

Post by Choco31415 »

newsclues wrote: post #85

Hasn't there been recent news about toxic pollution in the region? What good is lifting people out of poverty, if they are lifted out of poverty and placed in a toxic urban environment?

That article was specifically about India’s capital. It’s also possible that problem can be fixed in the future, so people are lifted into a clean urban environment.

Also, last I recalled, London faced similar issues before and is in a much healthier state nowadays.

Re: India lifted 415M out of poverty in 15 years, says UN

#109

Post by onlyrealcuzzo »

dirtyid wrote: post #60
onlyrealcuzzo wrote: post #48

Earlier quoted context omitted.

They also have 300% debt to GDP compared to 84% for India. We'll never know how much more advanced India would be if they invested as much in infrastructure.

You're comparing national debt with total debt. PRC national debt gdp is ~70%, LOWER than India ~90%. Also PRC has 5.5x the GDP / per capita vs India.

That's including debt held by "private" corporations that are extensions of the state.

All the mega banks in China are indistinguishable from the state - you're looking at 100% of debt to GDP on their balance sheets alone.

Re: India lifted 415M out of poverty in 15 years, says UN

#110

Post by quicklime »

InTheArena wrote: post #72
factsarelolz wrote: post #21

Thanks to the United States of America wether it be through legal or illegal means.

Globalization certainly, to the degree that the United States has pushed and opened borders, absolutely. To the degree that pseudo-communistic countries have reformed their legal systems to respect the rule of law and property, that has little to do with the United States. The guy who can't get a lifetime job at a shirt factory, steelworks, or software job in the USA also "paid" for this.

The global economy is not a zero sum game, and globalisation worked well for the USA as a whole.

Americans just didn’t share that newfound wealth with the lower classes as well as India did.

Post reply on HN