http://www.economist.com/news/leaders/21578665-nearly-1-billion-people-have-been-taken-out-extreme-poverty-20-years-world-should-aim
http://www.nytimes.com/2014/07/20/upshot/income-inequality-is-not-rising-globally-its-falling-.html?_r=1
http://www.worldbank.org/en/news/press-release/2015/10/04/world-bank-forecasts-global-poverty-to-fall-below-10-for-first-time-major-hurdles-remain-in-goal-to-end-poverty-by-2030
It has been reported that nearly 1 billion people have been lifted out of abject poverty in the past 20 years, 5 years earlier than the Millennium Development Goals had predicted, and oddly enough, it hasn't been as a result of state interference or masturbatory socialist principles.

Liberalized markets and free trade have allowed third world countries to flourish exponentially. If this level of growth is maintained and income equality is streamlined, it is expected that extreme poverty could fall to 1.5%, as close to zero as humanly possible in the near future.

It's very difficult to propose an argument in favour of socialism at this point tbh.

I'm slightly skeptical as to how well it is working in third world countries (Middle East, Central and Southern Africa specifically)

If it's true, good. Still doesn't change my personal beliefs.

Imposing trade tariffs and foreign aid is making it extremely difficult for capitalism to flourish in Africa. The problem isn't capitalism intrinsically.

Quote from: Ronnie Pickering on October 12, 2015, 02:19:06 PM

Quote from: spewky bewgie on October 12, 2015, 02:17:03 PM

I'm slightly skeptical as to how well it is working in third world countries (Middle East, Central and Southern Africa specifically)

If it's true, good. Still doesn't change my personal beliefs.

Imposing trade tariffs and foreign aid is making it extremely difficult for capitalism to flourish in Africa. The problem isn't capitalism intrinsically.

I'm aware.

As I said, this thread still doesn't change my personal beliefs

Personal beliefs about what exactly?

Funny that you yell Yay! Capitalism! And act like the USA led the charge, when the article named China as responsible for 3/4 of the success.

Isn't China kinda sorta a Communist Country?

Quote from: MyNameIsCharlie on October 12, 2015, 02:25:25 PM

Isn't China kinda sorta a Communist Country?

Politically, yes.

Economically, no.

Economically? Very very socialist

Why do proponents of capitalists in this forum get labelled 'meta rehashers"? It's fucking annoying. I don't label any of you liberals "Mad Max rehashers."

i only pointed it out because he literally made the same argument

1 billion is not enough.

1 billion more than socialism anyway ;^)

Quote from: gatsby on October 12, 2015, 02:36:13 PM

Quote from: Ronnie Pickering on October 12, 2015, 02:31:29 PM

Why do proponents of capitalists in this forum get labelled 'meta rehashers"? It's fucking annoying. I don't label any of you liberals "Mad Max rehashers."

i only pointed it out because he literally made the same argument

Yes, so the conclusion you've drawn is that we must be collaborating. Of course.

collaborating? no that means you're working together, my point was that you just take his arguments and present them as your own. we're derailing the thread, no need to go on longer tbh

Quote from: HEAT SEEKING GHOST OF SEX on October 12, 2015, 02:34:23 PM

Quote from: MyNameIsCharlie on October 12, 2015, 02:25:25 PM

Funny that you yell Yay! Capitalism! And act like the USA led the charge, when the article named China as responsible for 3/4 of the success.

Isn't China kinda sorta a Communist Country?

China is a single-party authoritarian oligarchist state-thing.

China's recent success can be attributed largely to its shift away from Communism in the 80s.

But they are not a US style capitalist society

Neither is America.

Ah yes the lack of government intervention is certainly lifting those workers in Dubai with stolen visas from the slums.

Government still has a place in the market, don't be retarded.

Quote from: HEAT SEEKING GHOST OF SEX on October 12, 2015, 02:34:23 PM

Quote from: MyNameIsCharlie on October 12, 2015, 02:25:25 PM

Funny that you yell Yay! Capitalism! And act like the USA led the charge, when the article named China as responsible for 3/4 of the success.

Isn't China kinda sorta a Communist Country?

China is a single-party authoritarian oligarchist state-thing.

China's recent success can be attributed largely to its shift away from Communism in the 80s.

But they are not a US style capitalist society

What a meaningless phrase. What about "US style capitalism" makes it special at all? What about the aspects of the US economy which are very un-free-market? Why does it matter, in the slightest, if a capitalist economy is replicating or similar to the US economy?

but they are far from a capitalist country.

Nobody's denying this.

But, again, so what? Is that supposed to validate their nominally socialist proclamations? What about the significant levels of government debt in the Chinese economy? The horrible mal-investment by the government? How about the fact that the most developed parts of the country--aside from the cities--tend to be FTZs around the Pearl River Delta? The income inequality which is blatantly the result of rent-seeking by party officials? The poor management quality of government-run companies, which is seen in pretty much every economy on the planet?

Saying China's recent spurt of growth--which was done via liberalising the economy and, of course, the catch-up effect which allows growth on what is essentially borrowed technology--can be used to justify a "very, very socialist" economy is just to be ignorant.