Greatest reduction in poverty in world history, to such an extent that think tanks are able to lie about poverty going down because China improved so much while poverty increased worldwide
:graeber: made the point that almost all of the world's hot economic growth spots in the latter half of the twentieth century have been in places explicitly not following a hypercapitalist model
Greatest reduction in poverty in world history, to such an extent that think tanks are able to lie about poverty going down because China improved so much while poverty increased worldwide
In that thread if you reply that China is an outrageously successful economy they'll respond that China is capitalist, lol.
Damn, sure is curious why India isn't doing as well as they are, or why Russia wasn't able to pull of a China after embracing capitalism.
Russia's sitting on a dragon's hoard of black gold, you'd think...
:graeber: made the point that almost all of the world's hot economic growth spots in the latter half of the twentieth century have been in places explicitly not following a hypercapitalist model
Who is that?
David Graeber
Cool, I’ve read a couple of his books but forgot what he looked like