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

economictimes.indiatimes.com

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

#481

Post by joenot443 »

umeshunni wrote: post #270
joenot443 wrote: post #197

Earlier quoted context omitted.

FWIW, she has a Masters in French Lit from one of our relatively well-respected schools, but obviously I completely disagree with her on most political topics. These kinds of stances are more common than you'd think in Canadian academic circles.

> Masters in French Lit Like I said, get educated friends, not friends who think reading some poetry is education. This isn't England in the middle ages where that would have been considered an education.

I don’t think they had Masters degrees in the Middle Ages, but I somewhat understand the point you’re very awkwardly trying to make.

Yes I agree, a Masters in literature doesn’t teach you much about the ‘real world’, but if you don’t think there are plenty of CS and engineering students with the exact same type of perspective, you need to expand your social circles.

If you find yourself agreeing with everything your friends say, I’d actually say it’s you who needs to find friends with different educational backgrounds than your own.

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

#482

Post by kwere »

ausudhz wrote: post #397
jojobas wrote: post #330

Earlier quoted context omitted.

Because they essentially exported their poverty to the first world.

or probably the first world was stealing their assets (natural resources) while exporting disgrace (weapons, drugs)? You should read a bit more so you'd know for example what the opium wars have done to China and what the colonialism has done to India (both perpetrated by the same first world country) Historically India and China were always the wealthiest (up to the second industrial revolution) regions out there (a…

these countries were always agrarian economies that had enourmous GDP numbers due to their sheer population numbers which supported a minuscule wealthy landed elite, nothing comparable to industrialised and service based economies.

Explotation was always limited, first due to tecnological limits, so it cant be used to describe systemic failure in decades spans. The culpript for stagnation is easily found in Centralization, mindless bureaucratization, socialism and commando economy idiocy both in Cina and India, and how things improved when approaches changed after decades of stagnation at best.

>in the US a person would need to have just 1 vacation instead of 3, while in India someone can put some food in their table and allow their kids to go to college

this is a view of economics which put the center of economic productivity in raw workhours and not organizations and capital. Not true in most cases, the competitivity of poor countries outside of manpower intensive Industries (es: garments, which moved out of china in 2018 due to labour cost) is low to no regulation on (bad) business practicies which increase shareholder values

edit: economics are not for the most part zero sum games

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

#483

Post by kwere »

imtringued wrote: post #425
InTheArena wrote: post #65

This is one of the messages that need to be pushed hard - globalization - with it's implications on the "first world" global middle class - has helped make this possible. It's like talking to people opposed to GMO rice. They are fine with an ideological position that GMO foods should be eliminated until you point out the alternative is hundreds of millions dead of starvation.

You mean hundreds of millions of chickens? So far GMOs are practically irrelevant for feeding humans, assuming a vegan diet there is enough land to feed everyone to avoid starvation. If we assume a reasonable amount of meat consumption there is also enough land for that. I don't know why GMO advocates throw the "but everyone will starve if you don't buy my proprietary products" slogan around as if that makes them loo…

Golden rice was specifically developed for human consuption in low productivity and famine prone areas

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

#485

Post by boruto »

rishav_sharan wrote: post #352

While my country has made tremendous progress, I wonder how precise these numbers are. India's poverty line doesn't gets redrawn every year to account for the inflation and increased cost of living. The current definition of the poverty line is daily earnings 27 rs for rural areas and 33 for urban, which is a ludicrously low number. Even beggars earn more than that. Of course we will have very low poverty if we use s…

rishav might be a bit disappointed that at the end it was capitalistic policies which did the job :)

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

#486

Post by imtringued »

sabujp wrote: post #180

Why does the US need to stick to a 2% inflation rate? India's has exceeded 5% for decades ( https://www.worlddata.info/asia/india/inflation-rates.php#:~... .). Indian stock market shows no signs of recession. If you held since 1990 (or inception) (data from tv https://www.tradingview.com/x/rGnAJxlH/ ) : Ethereum +9110% India NIFTY50 +6059% Bitcoin +5566% Nasdaq100 +4705% Shanghai SSE Composite +2307% NIFTY100 +1709%…

Because inflation should be predictable to ensure that businesses and people can plan and save up for purchases ahead of time.

5% inflation falsifies economic statistics at a greater rate than 2%

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

#487

Post by ausudhz »

kwere wrote: post #482
ausudhz wrote: post #397

Earlier quoted context omitted.

or probably the first world was stealing their assets (natural resources) while exporting disgrace (weapons, drugs)? You should read a bit more so you'd know for example what the opium wars have done to China and what the colonialism has done to India (both perpetrated by the same first world country) Historically India and China were always the wealthiest (up to the second industrial revolution) regions out there (a…

these countries were always agrarian economies that had enourmous GDP numbers due to their sheer population numbers which supported a minuscule wealthy landed elite, nothing comparable to industrialised and service based economies. Explotation was always limited, first due to tecnological limits, so it cant be used to describe systemic failure in decades spans. The culpript for stagnation is easily found in Centraliz…

> these countries were always agrarian economies that had enourmous GDP numbers due to their sheer population numbers which supported a minuscule wealthy landed elite, nothing comparable to industrialised and service based economies.

Nothing different than a service based economy where a huge percentage of people live paycheck to paycheck and supports wealthy billionaires.

What are you trying to prove? Because what you say has not meaning and point whatsoever. We could even argue that certain technologies advantage were reached by China before the west and people like Marco Polo have made their fortune trading them (without going there and start wars for example). Does that make them a "agrarian economy"? They were doing trades with Europe and Asia before America was even discovered (and to that extent before Jesus was born). Unless you've any evidence of what you just said, you just made an empty argument.

> this is a view of economics which put the center of economic productivity in raw workhours

I never talked about this, you're playing a movie in your head and that is the output of your own imagination.

The point I was making is in contradiction to the previous post that mentions how globalism made the west poorer while enriching other countries.

The reason is that with the previous era (colonialist) the west lived above their mean because of the exploitation that was perpetrated elsewhere (Africa and Asia). Now that these countries have added values in their economy which resulted in uplifting their own citizen to a better living standard is creating some trouble in the west.

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

#488

Post by ausudhz »

MJsGlove wrote: post #446
bergenty wrote: post #442

Earlier quoted context omitted.

If you want food you just go to a food kitchen. It’s not real.

“Just stop being poor bro!”

If only they could work 45 hours a day and do 3 different jobs like any other billionaire we won't be talking about this.

They're just lazy

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

#489

Post by kwere »

atentaten wrote: post #158

> India lifted 415M out of poverty in 15 years, says UN At what costs? I've heard this narrative before as it has happened in many Western countries and it is continuing to happen in China. I don't have the answer, but I always wonder about the costs of lifting so many people out of poverty, for example, there could be costs related to: environment, quality of life, traditions and values, mental health, etc. Along wi…

>A lot of areas that are now declared as poverty zones today may have been poor in the past, but were self-sufficient and self sustaining.

everthing was on a razorthin margin, just a minor floods or droughts could kill double percentage of the population and they werent that uncommon, hence the monstrous birthrate. An analogy in animal realm is population of animals dependent on variable inputs of "food sources", their population graphs are always a rollercoaster

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

#490

Post by naravara »

mytailorisrich wrote: post #398
naravara wrote: post #328

Earlier quoted context omitted.

India has also hit replacement or below replacement level population in most of the country and it was done without invasively draconian policy setting. Just female literacy and access to healthcare.

India's population is still growing and in pretty bad conditions. In Africa population is still booming. China would have hundreds of millions more people, with consequences for all of us, if it had not done what it did. Very little efforts are made globally to control population, which makes things like COP27 rather moot.

Your ideas about population control are antiquated. It is well known that demographic change follows women's rights and economic development, particularly in access to healthcare and education. Draconian laws just lead to wide-scale oppression. India's population (and Africa's) are only growing in the regions that schooling and healthcare infrastructure haven't penetrated yet. The only controls a government can institute under conditions where it can't even run a school are genocidal.
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