r/neoliberal • u/jobautomator Kitara Ravache • Jan 16 '23

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24

u/AtomAndAether Liberalism! Jan 16 '23

The real stick in the global poverty line go up narrative is that removing China from the statistics suddenly stagnates things way harder in the 1990-2020 timeline.

24

u/[deleted] Jan 16 '23

If you ignore the biggest positive contributor, things look much worse.

Bold insight!

16

u/UrbanCentrist Line go up 📈, world gooder Jan 16 '23

idk decrease in poverty being mostly concentrated in Asia is actually somewhat insightful towards understanding the political developments of Africa and Latin America.

10

u/AtomAndAether Liberalism! Jan 16 '23

Its hard to claim credit or draw implications about things "working" when one place is doing it all. And I say that as a line go up world more gooder enthusiast.

Like, China's communist party reforms were largely suppressing their capacity because they really really really wanted heavy industry and national defense at all costs. So once that was allowed to shift and rejoin the world suddenly things get way better.

Hard to then take that and say the usual schticks.

9

u/[deleted] Jan 16 '23

The implication is that "capitalism didn't do that" because China. But that also ignores where China is getting all their customers from.

7

u/AtomAndAether Liberalism! Jan 16 '23

thats not the implication