Friday 24 July 2015

What it means to be poor by global standards | Pew Research Center

Interesting, from the non-partisan, and widely regarded PEW Research Institute. Main conclusion to note -- confirmed by United Nations and other studies -- is that global poverty has plunged in recent decades as countries, notably China and India, have adopted capitalism as their guiding philosophy.
For Africa the story is the same, save for the added importance of improved governance there (otherwise known as not letting the kleptocracy get away with it all).
Whatever the angsts of the SJWs, the clear fact is that it's capitalism (NOT socialism) that has the best record of improving the lot of the poor and the working class of the world.
Full article here.