this post was submitted on 22 Jul 2023
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submitted 2 years ago* (last edited 2 years ago) by hairinmybellybutt to c/[email protected]
 
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[โ€“] Jackthelad -2 points 2 years ago (2 children)

Let's use China as an example.

In 1990, there were 750 million people in poverty. Then the pro-market reforms kicked in, and in 2016 the number of people in poverty has fallen to 7 million.

[โ€“] [email protected] 5 points 2 years ago

Let's use China as an example.

As a general rule, let's not. Their government is a mess of conflicting elements and as such, it's not a good example of anything

And I'm pretty sure you're using the statistics that says you're not poor if your income is above $1.50/day, which is as low a bar as calling someone a model of honesty for lying less than Donald Trump ๐Ÿ™„

[โ€“] [email protected] -3 points 2 years ago* (last edited 2 years ago) (1 children)

Markets not= capitalism. Try again.

[โ€“] Jackthelad 3 points 2 years ago (1 children)

Do you think China is still a communist country?

[โ€“] [email protected] 1 points 1 year ago

Of course not. Do you think they're capitalist?