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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

#501

Earlier quoted context omitted.

> With this news, the UK now has more people living in poverty than India (16% vs 22%?) The severity of poverty in rich western nations is easy to underestimate. There are people in the UK who are underfed, can't afford heat, have to work multiple jobs etc. This kind of poverty does look different than poverty in India - better in some ways, but worse in others - but it is still poverty. The data on relative poverty…

In what ways does poverty in the UK look worse than poverty in India?

I understand those in poverty in India are typically still part of a religious, family or social community. In the UK those in poverty are often completely isolated.

Sometimes community can provide a safety net, but even a community so poor that it can't help materially is better for, e.g. mental health.

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

#502

I really love India, have been visiting for tech business for over 20 years. I've found it to be one of the toughest countries to do business. I'd be more physically and mentally drained at the end of each day. And I'd fly out with a huge to do list. Yet there has been many heartening observations along the way. I saw a poor woman go up to the window of the frequent flyer lounge kitchen, she placed with her hands out…

If anyone wants to “experience” some of this, check out the book “A Fine Balance” by Rohinton Mistry.

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

#503

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…

People eat chicken... People wouldn't just become vegan without GMOs, they'd eat the same food and its price would go up. The US would stop exporting all its soy and asian pork farms would collapse. Without imported food asian countries would not be able to feed their populace.

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

#504

Earlier quoted context omitted.

The US has injected untold billions into the Indian market through off shoring phone support. India has made hundreds of millions of dollar scamming America's most vulnerable population.

How much did USA's MLMs, unhealthy food companies and ponzi schems steal from the world?

Not sure but I'd love to see the data if you have it.

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

#505

Earlier quoted context omitted.

Finland

Very interesting. A very basic house in Austria is over 500k and not in a hot location, while to my knowledge wages here are not higher than in Finland. How is a house so cheap in Finland? 200k is basically Eastern/Southern European house prices, where wages are lower. I feel like the insane housing prices here are not just related to nimbyism that restricts supply, but mostly to speculation driven by banking, politi…

Rural Finlan and it is row house and about 100m^2 but generally you can get fairly good new house at rural Finland somewhere between 200k-300k.

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

#506

Earlier quoted context omitted.

Shrinking globalism has a lot of causes so I don't want to overstate the case here, but one big part of the drive to pull back from it is the PRC's own currency manipulation and leveraging of its manufacturing bottleneck for geostrategic aims. They have themselves to blame partly. But really, their demographic precipice is what's going to stall them out. I hope their political system is functional enough to let it tr…

I would say one of the reason for globalism to retreat is the west (especially US) find itself in a awkward situation: developing world and developed world has to meet somewhere in the middle, which means, the living standard in developed world has to drop. For developing world to develop, you will have to go the extra miles, you are competing with big guys, trying to make a space for yourself in a crowded room. Ever…

I think a major reason might be that a precondition for globalism has been the US Navy patrolling the high seas and making shipping safe and reliable. As the US retreats from that, the reality will be that many countries cannot guarantee their supply lines. Peter Zeihan talks about this (and many other factors).

The US has been doing this for a long time, but it's gotten to the point where it isn't clear that it is in our interests, e.g., to enable China to be a major trading power.

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

#509

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.

Why does globalisation automatically deserve credit for progress in two major economies with the most government planning? Have evaluated alternative hypotheses? Maybe Education or Scientific Literacy or something else deserves this credit.

Indian government planning??? Have you ever even been to India?

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

#510

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…

More than 50% of all major crop yields are using GMO plants.
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