this post was submitted on 10 Oct 2024
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Dunno poverty rates have dropped immensely since the introduction of capitalist systems.
No, most of the world is capitalist, and most of the world is poor. Only a minority of imperialist capitalist countries, primarily in europe and the US, have wealthier populations due to hundreds of years of colonial exploitation.
In fact world poverty is increasing, if we exclude China and it's poverty eradication efforts.
Liar. The percentage of impoverished is nowhere near 50%, let alone a over it: https://socialincome.org/en/int/world-poverty-statistics-2024
Liar. This is an easily-debunked talking point, I'm surprised people are still parroting it. https://ourworldindata.org/data-insights/was-the-global-decline-of-extreme-poverty-only-due-to-china