Comment by maxerickson
2 years ago
What measures of poverty are you using for each country?
Are they roughly equivalent, so that you are comparing similar things?
2 years ago
What measures of poverty are you using for each country?
Are they roughly equivalent, so that you are comparing similar things?
Pick a metric, it really doesn't matter. The claim that western economic systems are presently lifting people out of poverty is absurd, and my point is that China is responsible for the decreases in global poverty that have taken place over the last decades. Both of these facts are relatively uncontested.
Yes, in recent decades the US has barely had the sort of poverty that China has been eliminating, so it hasn't really made any progress against it.
I think it would add a lot of clarity to your comparison to name the metrics you are using.
I wasn't really intending to compare the countries. Just to point out that something which was being attributed to America (a decrease in poverty) was actually happening because of China.
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It's Western economies that lifted China out of poverty in the first place. China's economic development was built on the foundation of being a cheap sweatshop for the Western world. We'll see how well they navigate the middle-income position they've managed to reach in the coming years.