Watch This
This interactive site uses poverty statistics to show how billions of people have been pulled out of poverty. What interesting to note is that most of the poor people came from Aisan countries, which coincided with free markets policies. Unsurprising once again that without the good intentions of bureaucrats trying to solve poverty free markets reduce it without even trying.
Capitalism. Is there anything it can’t do?
February 25th, 2008 at 2:14 pm
I love this thing, I saw a TED talk a while back by the guy who created this. It’s quite fascinating, and gives one a new perspective on how people’s lives have changed in the last 40 years. Look at those Asians go!
But yeah, it doesn’t look like Africa is benefiting from capitalism. Those folks are like seriously poor and not really improving. Glad I wasn’t born there.