Even hotter take: The World Bank's poverty line is a laughably low measurement ($1.90/day) and using a more reasonable figure reveals that poverty has remained proportionally the same for decades. This means that with all the end-of-history, neoliberalism-has-won celebrations of the past few decades, the raw number of people in poverty has increased.
But it's not all bad, there has been one place where poverty has been aggressively reduced and the quality of its citizens' lives have improved, let me just check my notes here...oh my mistake it's Communist China. Welp sorry capitalism.
Even hotter take: The World Bank's poverty line is a laughably low measurement ($1.90/day) and using a more reasonable figure reveals that poverty has remained proportionally the same for decades. This means that with all the end-of-history, neoliberalism-has-won celebrations of the past few decades, the raw number of people in poverty has increased.
But it's not all bad, there has been one place where poverty has been aggressively reduced and the quality of its citizens' lives have improved, let me just check my notes here...oh my mistake it's Communist China. Welp sorry capitalism.