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Is Economic Growth The Cure To Global Poverty?


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What do you all think? If we create free markets, do away with central planning and socialist/communist policies, would it create a higher global standard of living and reduce poverty? I can see some evidence that points to this, but on the other hand, would it be environmentally sustainable? Or possible for everyone to live like Americans without someone doing the cheap labor and dirty work that causes poverty? In a more general sense, do you believe that our monetary market system of today is the cause of global advancement and prosperity, like the system and history books would tell you? Or rather the industrial revolution and mechanization of labor, as well as wide spread ability to utilize the energy in fossil fuels has created better living conditions around the world than previously, and our whole monetary market system has simply rode that wave and took credit. Well possibly just ineffectively distributing the products of industrialization.

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Across the board prosperity is not possible with capitalism.

 

It cannot be, under capitalists who do not value labor as an asset, and do everything they can to foster slave labor around the globe. And with a banking cartel and parasite financiers who control the money supply, and corporate kleptocracy it is nigh impossible.

 

End of thread. Over!

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Across the board prosperity is not possible with capitalism.

 

It cannot be, under capitalists who do not value labor as an asset, and do everything they can to foster slave labor around the globe. And with a banking cartel and parasite financiers who control the money supply, and corporate kleptocracy it is nigh impossible.

 

End of thread. Over!

 

Step away from the bong futz. You sound like mamma jonesy

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