Well that’s just bullshit. Markets have brought more people out of poverty than anything.
Lib - “Markets make everything cheaper, which is good.”
Leftist - “But if there is a labor market, won’t that make labor cheaper?”
Lib - “Yes, and that is good.”
Leftist - “How is that good?”
Lib - “It leads to more profits.”
Leftist - “But why is it good to have more profits?”
Lib - “Because a good country is when corporations make profits, and the more profits the corporations make, the gooder the country is.”
Leftist - “But if there is a labor market, won’t that make labor cheaper?”
A third person - "Not necessarily. If the demand for labor is bigger than the supply then markets make labor more expensive.
Leftist - " How is that possible? "
A third person - " There are various ways. Workers could start more cooperatives or invest their savings in new companies"
Leftist - “But why should I care about markets when it is easier to change the political system?”
A third person - “Is it easier?”
Love to spend insane amounts of resources on creating a phone that has the same tech and capabilities as all the other phones, but I can’t just get access to their research and they can’t just get access to mine.
Love to spend insane amount of time working up a cure to covid, but I can’t share my research with others and they can’t share it with me, yay this is awesome.
Love to spend insane amount of resources working out how to make people want to buy a sugary drink and then spend even more to make them want to buy my drink specifically.
Love to build empty houses and love to create 1.21 times more food than we need.
Love to do all this as the world is burning and people are starving.
Capitalism is the most efficient distribution of resources
Kid: “Mommy, what’s a strawman?”
Mother: “Take a look a this post here. See how they speak for both sides of the argument?”
Kid: “Yes, they’re arguing with themselves.”
Mother: “Exactly, and they can make their opponent say what they want.”
Kid: “That seems like an easy way to make your argument look good”
Mother: "Yes. It’s like fighting someone who can’t put up any resistance. They could be made of straw. A strawman. "
Kid: “Oh, I see.”
Did you know that China is responsible for 75% of the global poverty reduction over the last 40 years?
Over the past 40 years, the number of people in China with incomes below $1.90 per day – the International Poverty Line as defined by the World Bank to track global extreme poverty– has fallen by close to 800 million. With this, China has contributed close to three-quarters of the global reduction in the number of people living in extreme poverty. At China’s current national poverty line, the number of poor fell by 770 million over the same period.
Do you know how China got such a huge poverty by the 1980s? Do you know how China got the wealth to start impacting it’s poverty?
Hint: the CCP took power in 1949. The Maoist era ended 30 years later, and massive economic liberalisation reforms started.
China today is a world trade powerhouse governed by an elite class (The CCP) with the proles given just enough to keep them where they are. It’s lifted them out of poverty, but it is the shining example of a totalitarian capitist state. If anybody thinks the proletariat have power in China, and it is therefore a socialist state…or that it’s classless with no elite and a communist state… well… You need to talk to some Chinese people.
You need to talk to some Chinese people.
You mean the Chinese people that overwhelmingly.support the CPC and their government? Ok
Deng literally introduced market reforms to do so. This is not the own you think it is
Obviously it is a counterfactual but no serious leftist would say that China without market reforms wouldn’t have eradicated poverty, and moreover done it faster and more completely. The seeds of poverty alleviation were planted during the Maoist era; improvement in health, education improvement, and industrialization.
If we were talking amongst ourselves you’d be right but here we’re responding to a liberal OP who doesn’t know what words mean and purposefully worded their intent to avoid the word “capitalism”
The maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry
One famine one time is definitely preferable to the constant famines that exist under capitalism
AHAHAHAHAHHAAHA HAHAHAHHA AHHHH HAHAH.
Oh wait you’re serious? That’s even funnier.
Tell me where is the success of capitalism in Africa, Asia and Latin America?
The recent decades trend of people being lifted out of poverty is solely due to China. America has more and more starving people, homeless and working sick.
Markets have brought more people out of poverty than anything.
Yes, just like the Irish people who were “helped” by the free market in the 1840s. Or the Indian people who were “helped” by the free market in the late 1800s. You might be interested in this book by the late, great Mike Davis which completely refutes your ideas with hard evidence that the free market can be used (and has been used) as a tool of genocide: https://www.goodreads.com/en/book/show/7859
Yeah, but please don’t say that too much, we don’t want to carry water for the CCP
