On Oct 19, 2013, at 12:24 AM, raghu wrote:
On Fri, Oct 18, 2013 at 7:20 PM, Shane Mage <[email protected]>
wrote:
On Oct 18, 2013, at 2:43 PM, raghu wrote:
On Thu, Oct 17, 2013 at 7:46 PM, Carrol Cox <[email protected]> wrote:
For over 2 centuries capitalism, in all its phases, has been a
continuing
(and growing) disaster for most of the global population.
Is this true? I'd say no. In fact it is exactly wrong.
The neoliberal ascendancy of the past 3 decades has actually
coincided with the greatest episode of poverty reduction ever in
world history
The past three decades has seen an increase in world population of
more than two billion. Most of those are impoverished. More people
than ever before live in poverty.
Are you sure about this, or is this just your ideological prejudice
talking?
Here's a report that says you have no idea what you are talking about:
http://siteresources.worldbank.org/JAPANINJAPANESEEXT/Resources/515497-1201490097949/080827_The_Developing_World_is_Poorer_than_we_Thought.pdf
------------------------snip
For 2005 we estimate that 1.4 billion people, or one quarter of the
population
of the developing world, lived below our international line of $1.25
a day in 2005
prices.
Your "international line" of $1.25 a day is not deep poverty? Try
living on twice as much!
As for the "poverty-reducing" effect of your "neoliberal ascendancy"--
ask a Greek or Spanish worker, or a Russian pensioner (but how many
even survived)?
There has been poverty reduction, of course--in China. A state-
capitalist system completely opposed to any form of liberalism.
Shane Mage
"Thunderbolt steers all things." Herakleitos of Ephesos, fr. 64
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