Comment by shortrounddev2
14 hours ago
Source? Liberalization since the 1970s (so called "neoliberalism") has lifted more people out of poverty than any economic system in human history. ~60% of all humans lived in extreme poverty in 1970, and less than 10% do today. This period coincided with the expansion of free trade, deregulation of markets, modernization of monetary policy, and, perhaps most notably, the downfall of communism. I'd say capitalism is a net positive compared to what we had before, and especially compared to the alternative
Most of the recent improvements have come from china