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

economictimes.indiatimes.com

31–40 of 544 posts

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

#31

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…

Racism and capitalism are two entirely different things

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

#32
post #7

Earlier quoted context omitted.

Your second link refers to poverty being reduced after the fall of communism, when former Soviet states instituted capitalist reforms.

There was a massive drop in living standards in the former Soviet Union after the introduction of capitalism in the 90es. Average life expectancy dropped something like 10 years, corresponding to millions of dead.

It also coincided with massive increase in the supply of available alcohol.

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

#33

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.

India did make progress in lifting poverty. The numbers wary according to context but yes in absolute numbers India did make significant progress. Most of it is done by IT and pharma industry.

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

#34

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.

Why do so many people on HN hate on China? What's your relationship with Chinese people in your personal life?

It's not the Chinese people, they are in general awesome people. It's the CCP.

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

#35

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.

Why do so many people on HN hate on China? What's your relationship with Chinese people in your personal life?

Hating the CCP != hating Chinese people.

Amazing that this needs to be said...

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

#36
I don't understand poverty statistics. With this news, the UK now has more people living in poverty than India (16% vs 22%?). If it is valuable to judge poverty on relative income, you would think the rational course of action would be mass immigration from the UK to India but that is clearly not the case.

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

#37

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.

Why do so many people on HN hate on China? What's your relationship with Chinese people in your personal life?

No post body was provided.

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

#38

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.

Firstly, thanks for posting this. Everything done to help alleviate poverty is wonderful, no matter how it is achieved.

I'm American, but of Indian origin. Our family visited many major cities in India when I was a child (early 90s) and it was heartbreaking. We just kept wondering -- how does anyone begin to fix poverty that is so vast? We gave a lot of charity (esp schooling support) over the years but it always seemed like just scratching the surface of a vast problem.

We havent been back since -- but i'd say every family helped is a positive step. Solutions do not need to be 100% comprehensive at the start. I look forward to more economic success for the people of India, and for people everywhere.

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

#40

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.

Why do so many people on HN hate on China? What's your relationship with Chinese people in your personal life?

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-took-trillions-...

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