this post was submitted on 22 Jul 2023
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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.
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 ๐
Markets not= capitalism. Try again.
Do you think China is still a communist country?
Of course not. Do you think they're capitalist?