Re:Americans Want to Believe Jobs Are the Solution to Povert...
by viraptor on Wednesday September 12, 2018 @01:26AM
(#17965759)
True. But what does this have to do with poverty levels discussed here?
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Re:Americans Want to Believe Jobs Are the Solution to Povert...
by whatever1 on Wednesday September 12, 2018 @02:01AM
(#17965889)
That you cannot call capitalism any successful economic system. China proved that a protectionist model with colossal government intervention can successfully reduce poverty.
Re:Americans Want to Believe Jobs Are the Solution to Povert...
by darawk on Wednesday September 12, 2018 @02:18AM
(#17965979)
China proved that you can reduce poverty in spite of those things. There is precisely zero evidence that those policies have done anything to reduce poverty, and a mountain of evidence that those policies, in general, exacerbate poverty.
Re:Americans Want to Believe Jobs Are the Solution to Povert...
by Apocryphon on Wednesday September 12, 2018 @03:27AM
(#17966246)
What do you think China did to reduce poverty?
Re:Americans Want to Believe Jobs Are the Solution to Povert...
by acchow on Wednesday September 12, 2018 @03:41AM
(#17966296)
I believe we mean "capitalism" as in capital is held by private owners in search of profit instead of owned by the state. Not necessarily free trade with other countries.
China has a sort of partial capitalism in that some big companies are 50% owned by the state.