News for hackers. Stuff that matters.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by evilturnip on Friday September 21, 2018 @01:35AM (#18037377)
Does anyone know exactly why? I conjecture to say it's broadly the result of capitalism. I really feel like it's a shame that word is almost toxic in intellectual circles.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by throwaway13337 on Friday September 21, 2018 @02:04AM (#18037478)
I agree.

We should be careful to condemn too quickly a current system.

It reminds me of when a new developer comes to a code base and says it needs to be thrown out and rewritten completely.

Rewrites and revolutions are costly and shortsighted.

Let's first try to figure out what is right with what's here because usually it's like it is for a reason.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by FranzFerdiNaN on Friday September 21, 2018 @02:07AM (#18037492)
There is one thing “right” about capitalism and that is a huge increase in consumer goods. Shame it is also literally boiling the world we live on but hey, for a short while we could get new iPhones every two years!
Re:Decline of Global Extreme Poverty Continues but Has Slowed by _louisr_ on Friday September 21, 2018 @02:20AM (#18037545)
Did the Communists not build tanks or burn coal? Is it Capitalism, or is it the human desire to take the path of least resistance; is it not human to consume ready-made energy that has been subsidized by the carbon capacity of the oceans and atmosphere?
Re:Decline of Global Extreme Poverty Continues but Has Slowed by inawarminister on Friday September 21, 2018 @02:35AM (#18037593)
Indeed. The Aral Sea being drained under Soviet Union was much more immediately catastrophic to the local environment that what the Capitalist world economy is doing that I know of. Of course, global warming, but it took decades if not centuries. [0] http://www.columbia.edu/~tmt2120/introduction.htm
Re:Decline of Global Extreme Poverty Continues but Has Slowed by FranzFerdiNaN on Friday September 21, 2018 @02:44AM (#18037621)
Ah yes. Because clearly the choices are capitalism or Soviet Union dictatorships.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by kmmlng on Friday September 21, 2018 @08:52AM (#18039297)
I think the point is: the problem might be more deep-seated than capitalism. If it were not possible to find this problem in any other societal system, then you could make a convincing argument that it might be exclusive to capitalism. But this is not the case. Other systems have been tried. Regardless of how you feel about these alternative systems, they were considerably different from capitalism and the problem occured there as well.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Friday September 21, 2018 @07:08AM (#18038785)
I'll bite. What other alternative(s) would you propose? We frequently see cheap shots at capitalism, where on the same issues the major alternatives attempted in the 20th century were all actually far, far worse. It would be nice to seem some positive contributions on this issue for a change.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by thelasthuman on Monday September 24, 2018 @10:50AM (#18058156)
Some tweaks I'd make:

Corporate structure: https://en.m.wikipedia.org/wiki/Mondragon_Corporation

Electoral system:

What we have now - https://m.youtube.com/watch?v=s7tWHJfhiyo

Range voting - https://m.youtube.com/watch?v=e3GFG0sXIig

Alternative vote - https://m.youtube.com/watch?v=3Y3jE3B8HsE

Single transferrable vote - https://m.youtube.com/watch?v=l8XOZJkozfI

Marx wrote about the theory of societal evolution; That there are certain phases civilization must pass through. The communism he wrote about would have to be very far down the road, 100+ years (IMO). This does not mean people sit back and do nothing, we still would have to work towards it. (Most) Capitalists profit from the status quo, and work to keep in place systems to maintain their spot in the hierarchy. Thus the antiquated electoral system in the USA, and the top heavy power/pay structures of business.

TL;DR: give the average person more of a say/choice in the world they live in (politics/workplace), and they will find their way forward. (IMO)

Re:Decline of Global Extreme Poverty Continues but Has Slowed by drb91 on Friday September 21, 2018 @11:33AM (#18040427)
1. All economies run somewhere between a fully unregulated laissez faire economy to a fully managed economy.

2. “Socialism” is present and a fundamental part of (probably) every government on earth, in terms of public education, healthcare, and countless other public services.

3. The US could use some public services it is lacking right now, like national healthcare—our private costs are obscene.

You can frame socialism in terms of reduced shared costs. In my experience, this is an effective pitch to otherwise politically apathetic people.

> on the same issues the major alternatives attempted in the 20th century were actually far, far worse

Actually, I’d take national health care over the current situation in the US any day.

I’d hazard a guess that there are multiple places where most americans could appreciate socialist approaches to running public services.

I’m curious as to what specifically you’re talking about when saying capitalism did far better in every regard in every problem in the 20th century, because you seem emphatic.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by dragonwriter on Friday September 21, 2018 @12:53PM (#18041009)
> We frequently see cheap shots at capitalism, where on the same issues the major alternatives attempted in the 20th century were all actually far, far worse. I

The main alternatives to the system originally described as “capitalism” that was tried in states which already had developed capitalist economies in the 20th century were blends of elements of democratic socialism with capitalism that have since been dubbed the “modern mixed economy”; they were so successful compared to actual capitalism that they have essentially completely replaced it in the West, while there are persistent efforts (which sometimes succeed in driving some policy) from the capitalist class to drag the West back to (or at least toward) 19th Century capitalism.

(The only other alternative tried in any significt way in the developed West in the 20th Century was autocratic fascist corporatism, which, yes, is far, far worse than liberal capitalism.)

And the main alternative to that regressive pro-capitalist drive proposed in the modern West (aside from simply preserving the status quo design of the mixed economy) is simply progressively implementing more elements of democratic socialism, not adopting Leninism or any of the other attempts made in the 20th century outside of the developed West that attempt to bypass rather than advance from capitalism.

Though, I guess, it's worth noting that autocratic fascist corporatism still seems to have some adherents.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by erikpukinskis on Friday September 21, 2018 @04:37PM (#18042484)
Indigenous control of resources. The people who live in a place get to make decisions. You’re not allowed to control a mine 200 miles away from where you live and eat, without the permission of the people who do live and eat near the mine.

With this, right of return for anyone living in diaspora.

We can transition from capitalism to that via an intermediate stage of anarcho-syndicalism with syndicates that own property and pay taxes.

Capitalism isn’t “evil” or “useless” it’s just a temporary stage in our development.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by dragonwriter on Friday September 21, 2018 @06:09PM (#18043028)
> Indigenous control of resources. The people who live in a place get to make decisions.

This sounds like democratic socialism with some arbitrary restriction on polity scope.

> With this, right of return for anyone living in diaspora.

How do you concretely define this? This would be a big deal with existing scale polities, but it with your implied smaller polities, it becomes an even hotter issue.

> Capitalism isn’t “evil” or “useless” it’s just a temporary stage in our development.

Agreed.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by erikpukinskis on Sunday September 23, 2018 @02:28PM (#18052416)
> This sounds like democratic socialism with some arbitrary restriction on polity scope.

There's no implication of socialism, but yes I expect some form of democrasy could be involved.

All laws are "arbitrary restrictions on policy scope".

> How do you concretely define [right of return]?

I don't have any strong expectations about the details. In my head as a straw man is something like:

If you (A) were born in a place, or (B) lived there for 4 years before the age of 20, you can claim it as your homeland. You may claim up to two homelands. Half of every 10,000 hectare region on earth must be reserved to be split equally among indigenous people.

I agree it'd be a hot sell. I see it more as a guiding principle than a practical global policy proposal. I believe we will end up in a world that approximates that policy, through gradual embrace of caring policies in all locales.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by legatus on Friday September 21, 2018 @07:34AM (#18038904)
There are different examples of radical socialist societies in history, too bad all of them were oppressed by all too powerful neighbours. If you like Orwell, you might like reading "Homage to Catalonia", his experience fighting for Republican Spain in the Civil War. The CNT-FAI supported a radical socialist society, in particular, an anarcho-syndicalist one. Another example is the Free Territory of Ukraine, during the russian civil war. In the early twenties it was conquered by the bolsheviks, since they didn't want Makhno, the military leader of this anarchist society, gaining popular support outside Ukraine. There are other examples: in Korea during the thirties... There are alternatives to both capitalism and Communism (in the Soviet Union sense). The fact that those alternatives aren't considered is caused by lots of propaganda against leftist ideal, take for example the two red scares.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by ramblerman on Friday September 21, 2018 @10:32AM (#18039945)
Read "Road to Wigan pier" by Orwell.

He became seriously disillusioned with socialist ideals later on in his life. And famously said "Socialists don't care about the poor, they just hate the rich"

Re:Decline of Global Extreme Poverty Continues but Has Slowed by legatus on Friday September 21, 2018 @06:47PM (#18043243)
In "Why I write" (1946), Orwell states that “Every line of serious work that I have written since 1936 has been written, directly or indirectly, against totalitarianism and for democratic socialism, as I understand it.” Could you mind explaining, if that's the case, how Orwell was disillusioned with socialism, unless you mean the socialists of the PSUC?

EDIT: Found this quora question: https://www.quora.com/What-s-the-full-Orwell-quote-that-is-o... The quote you provided is a summary by a person that is definitely right or at least alt-right leaning, so he is definitely heavily biased. In any case, as you can read in the quoted passage (this time the real thing), Orwell criticizes the "book socialist" or the orthodox marxist, which he already did in Homage to Catalonia. He's criticizing the soviet union's socialism, not the CNT-FAI's one.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by vlehto on Monday September 24, 2018 @08:30AM (#18057107)
Maybe Orwell was just social democrat later on. I read "why I write" and Orwell was for equality and against aristocratic two tier society. It's a stretch to conclude anything further, as he even supported Churchill's war effort.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @09:50AM (#18039654)
>What other alternative(s) would you propose?

How about a system which:

1. Acknowledges the realities of automation and globalization

2. Does not have maximum employment and perpetual growth as primary goals

3. Does not create artificial scarcity

4. Understands the broken window fallacy

Re:Decline of Global Extreme Poverty Continues but Has Slowed by ramblerman on Friday September 21, 2018 @10:46AM (#18040050)
Well to be fair that's not a system it's a magic wish with 4 bullet points.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @12:19PM (#18040754)
Whats "magic" about it, in your opinion?
Re:Decline of Global Extreme Poverty Continues but Has Slowed by erikpukinskis on Friday September 21, 2018 @04:43PM (#18042524)
The point is, you are describing the outcome not the mechanism. Capitalism is a mechanism and so you must replace it with another mechanism, not a list of goals.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @05:45PM (#18042891)
New intelligently designed systems/mechanisms aren't just created out of thing air like magic.

The first phase of the systems development life cycle requires you to define (and agree upon) high level goals/requirements/parameters, which is what I was doing.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by dragonwriter on Friday September 21, 2018 @06:18PM (#18043083)
> The first phase of the systems development life cycle requires you to define (and agree upon) high level goals/requirements/parameters

Yes, but when people ask for a system, you can't just give them that list of goals as an answer. Not only is it not a system, but agreeing on goals doesn't make a system meeting all of them logically possible much less practical.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @06:37PM (#18043192)
>when people ask for a system, you can't just give them that list of goals as an answer.

When someone asks for a satisfactory alternative that doesn't yet exist, intelligent creative people think about ways to make a new one. Are you suggesting we don't do that?

>agreeing on goals doesn't make a system meeting all of them logically possible much less practical.

False. Making sure users values align with the system goals is crucial for a successful, practical system that people want to use.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by dllthomas on Saturday September 22, 2018 @10:19PM (#18049045)
> When someone asks for a satisfactory alternative that doesn't yet exist, intelligent creative people think about ways to make a new one.

I think you'd have got a better response if you were clearer that that's what you were trying to do. "I don't know of a system but if we're to try and come up with one, [...]" or similar.

> >agreeing on goals doesn't make a system meeting all of them logically possible much less practical.

> False. Making sure users values align with the system goals is crucial for a successful, practical system that people want to use.

Making sure goals align with values is worthwhile, but it doesn't answer the question of whether a system that achieves all of those goals is possible.

In a different context, we can have as many meetings as we want where we all agree that maintaining complete consistency and availability while being robust to partitioning is very important and aligned with what we want out of our distributed system; that doesn't mean we're going to get a system that reaches those goals.

Of course, it's fair to say that the discussion of what goals to trade away against others should be a separate process from getting everything we might want on the table - but again, you should make it clear that that's what you're doing up front.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Monday September 24, 2018 @03:39PM (#18060743)
>I think you'd have got a better response if you were clearer that that's what you were trying to do. "I don't know of a system but if we're to try and come up with one, [...]" or similar.

Perhaps you're right, though I'm sure the responses would also have been better if the system in question was an actual objective, technical system and not an ideological system. Decades of propaganda has caused many to automatically attack anyone who dares question the status quo economic aparatus.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by erikpukinskis on Friday September 21, 2018 @06:03PM (#18042991)
It’s worth doing, but it’s not an “alternative” in any meaningful way. As the other commenter said it’s a wish list. It can’t be meaningfully compared to capitalism. You have no indication ther even exists a mechanism within which those values are compatible.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @06:18PM (#18043087)
Again, I was making suggestions in the scope of the planning phase of the SDLC, not the implementation.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by gallerdude on Friday September 21, 2018 @10:38AM (#18039989)
I don't think anyone disagrees that our current system has flaws, it's just that the switching cost is really, really high, and even that assumes the next system is a lot better.

Also, there's a huge difference between pointing out problems and pointing out solutions.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by wu-ikkyu on Friday September 21, 2018 @12:18PM (#18040748)
>just that the switching cost is really, really high

Climate change says the cost of not switching is far greater. Also, that's what phased roll outs are for.

>there's a huge difference between pointing out problems and pointing out solutions.

Obviously... But we can't find a solution without first defining and understanding the problem.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Tuesday September 25, 2018 @11:36AM (#18067254)
Addressing climate change wasn’t even on your wish list.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by golergka on Friday September 21, 2018 @05:05AM (#18038251)
That's what history of 20th century shows us, yes.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by Certhas on Friday September 21, 2018 @07:39AM (#18038928)
It's a million improvements in a million individual situations. It's public programs to raise health and educate people made feasible by economic growth. It's happened in countries with vastly different systems in very different parts of the world for the last century.

The biggest reason for reduction in extreme poverty over the last decades is the responsibility of the Chinese state. The fastest drop in family size ever was overseen by the totalitarian Iranian government.

Beware easy one line explanations.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by vlehto on Tuesday September 25, 2018 @02:18AM (#18064027)
...responsibility of Chinese state to adopt capitalist strategies of generating wealth. Thats the big thing they did different from soviet union. Everything else they do is pretty run of the mill geopolitical selfishness.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by cf141q5325 on Friday September 21, 2018 @07:22AM (#18038854)
It would be kind of bleak if there wasnt a reduction in extreme poverty if you consider at which speed we burn through not replenishable natural resources. Defacto free energy in form of fossil fuel and a lack of large wars in the population riches regions of the world can do wonders.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by MarkMc on Saturday September 22, 2018 @04:13AM (#18045056)
Pinker has a pretty good explanation in his book, "Enlightenment Now". His answer boils down to:

1. More people now live in a market economy which produces more goods and services for everyone, even poor people

2. Better leadership. Eg. In 1976 Mao in a single act greatly improved the trajectory of most of the world's poor - he died.

3. End of cold war meant end of US and Soviet support for many civil wars and ugly dictatorships.

4. Globalization and industrialization

5. Science and technology

Re:Decline of Global Extreme Poverty Continues but Has Slowed by jopsen on Friday September 21, 2018 @04:07AM (#18038004)
For all the criticism of how wages have stalled in the west, in the world as whole capitalism does pretty well :)

But the toxicity of capitalism often stems from the polarized debate, I don't actually think many wants capitalism without regulation, or communism without free property rights... but it's hard to argue for the sane middle ground when you're attacked from both sides.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Friday September 21, 2018 @07:15AM (#18038820)
Personally I think wage stagnation has largely been due to huge reserves of labour in the developing world coming into the market. The worst thing you can say about capitalism in that regard is that it's Capitalism that has enabled those people to raise themselves out of poverty and contribute and participate in the global economy. How terrible!

However those reserves of labour are largely getting tapped out. Wages for factory workers in China have been rising dramatically for a while now. There are other challenges coming , such as increased automation, but again that's not really directly the fault of capitalism. Meanwhile while wage growth has slowed, we've all benefited hugely from the cheap goods and services enabled by these changes. I really think it's much more about technological and demographic changes rather than capitalism per se. If anything, we've suffered from too much economic development, technological advances and global growth.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by r_smart on Friday September 21, 2018 @07:56AM (#18039007)
One of the things people often seem to overlook in the US is that at about the time the wage stagnation started, we also began the process of roughly doubling the workforce by removing barriers against women entering the labor market. Then, as you say, another labor surplus was generated as the developing world has come into the market.

It's rarely as simple as supply and demand, but there seems to me to be a correlation between stagnant wages and large increases in the labor pool.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Friday September 21, 2018 @03:05PM (#18041910)
And house prices as well, particularly here in the UK. Households increased their earning power through female employment, then used that capital to bid up house prices against each other.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by gwright on Saturday September 22, 2018 @01:56AM (#18044701)
It is important to consider total compensation and not just cash wages. I'm assuming when you say "wage stagnation" you are referring to cash wages. Here is some data that includes total compensation: http://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-...

    According to BLS-generated compensation cost indices, 
    total benefit costs for all civilian workers have risen 
    an inflation-adjusted 22.5% since 2001 (when the data  
    series began), versus 5.3% for wage and salary costs.
[dead]
Re:Decline of Global Extreme Poverty Continues but Has Slowed by AnimalMuppet on Friday September 21, 2018 @01:06PM (#18041088)
> Huh, without non-capitalist moves (socialist, communistic) then we'd still have mills that pay in their own currency, that you can only spend in the shop that the rich owner also owns...

The non-capitalist moves that stopped that nonsense were union moves, not socialistic or communistic.

> ... we'd still have voting as a reserved right for rich landowners. That's capitalism.

That's feudalism, not capitalism. It was democracy that undid that nonsense, not socialism or communism.

The rest of your rant shows that you are very bitter, but it does nothing to either enlighten or persuade.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Friday September 21, 2018 @03:19PM (#18041980)
Indeed, fundamentally capitalism is about individual economic freedoms to own and invest capital. A private shop owner is just as much a capitalist as a corporate CEO.

Also capitalism is in no way in opposition to other individual freedoms such as unionism, liberal democracy, etc. You can have capitalism without them, just look at China, but I would argue that as a freedom, capitalism is most naturally aligned with other such personal freedoms.

As you point out rubber baron and oligarchic systems are based on suppressing freedoms, including often individual rights over capital. Corporate scrip isn’t capital, so clearly it’s iuse is actually anti-capitalist by restricting individual rights over capital.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by pbhjpbhj on Friday September 21, 2018 @03:57PM (#18042221)
Democracy, unions, they're anti-capitalist. They cause people to be valued above their worth as a tool to bring financial gain to the capital holders.

The distribution of resources according to what will make the rich richer is not the best way. The private ownership of means of production is simply theft, there's no need for it and no moral justification.

Ultimately we're greedy by nature; capitalism rewards that greed, feeds it and deifies it.

I haven't set out to persuade you; if you seek to persuade yourself of what is just I have no doubt you will reject capitalism.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by AnimalMuppet on Friday September 21, 2018 @07:07PM (#18043348)
> The private ownership of means of production is simply theft, there's no need for it and no moral justification.

If I have some money, and you have some money, and I buy a tool and you buy some beer, I have a tool and you don't - so I'm stealing from you? [Edit: Note that the "means of production" can be as simple as a wrench, or a sewing machine, or a welder.] Step away from the marxist koolaid, you've had a bit much...

And you're only a half step away from theft yourself. Stating that "the private ownership of means of production is theft" leads almost inevitably to "therefore the public need to take back the means of production from those who have them". That's theft.

> I haven't set out to persuade you

You sure haven't. Stating as fact things that are completely outrageous from the other person's perspective is not a very good tactic of persuasion.

> ... if you seek to persuade yourself of what is just I have no doubt you will reject capitalism.

You should doubt. You should also find a better line; "if you really seek truth and justice you'll agree with me" is a manipulative cop-out. You want me to be persuaded? Make a convincing argument that makes sense to someone who doesn't already agree with you.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by thelasthuman on Monday September 24, 2018 @11:11AM (#18058322)
It's possible for the workers to buy their own tool and maintain some level of democracy in the workplace.

https://en.m.wikipedia.org/wiki/Mondragon_Corporation

I think it's disingenuous to think the only way workers can own the means of production is to take them from someone else.

"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."

Re:Decline of Global Extreme Poverty Continues but Has Slowed by simonh on Sunday September 23, 2018 @05:17AM (#18050212)
Capitalism is about individual freedom and individual responsibility. The British giant Marks & Spencer started as a market stall, Michael Marks borrowed £5 to set it up, it now has revenue of £10bn and employs 84,000 people. He could have bet that money on a horse, but instead you would like to steal everything he and his later business parter worked for in the name of 'justice'. Communism and Marxism have been tried many times, they're supposed to be based on empirical evidence and scientifically based, but the experiment has been tried over and over again and it's failed every time.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by thelasthuman on Monday September 24, 2018 @11:13AM (#18058347)
https://en.m.wikipedia.org/wiki/Mondragon_Corporation

I think it's disingenuous to think the only way workers can own the means of production is to take them from someone else.

"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."

Re:Decline of Global Extreme Poverty Continues but Has Slowed by thelasthuman on Monday September 24, 2018 @11:01AM (#18058236)
People can own property under communism, it's capital that cannot. Who owns the property where we do business? The workers, not the state (which IMO shouldn't even exist under communism).
Re:Decline of Global Extreme Poverty Continues but Has Slowed by manigandham on Friday September 21, 2018 @02:15AM (#18037520)
Better technology, which has led to incredible productivity and increased quality of life.

This was in part natural advancement as it is exponential and we eventually just hit explosive growth, but the environment was helped along with capitalism, free markets, and major world wars which encouraged the spread of information and trade.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by sudofail on Friday September 21, 2018 @01:53AM (#18037442)
Capitalism and free markets aren't without their shortcomings, especially when left unchecked, but they are extremely important tools to successful government and society. Perhaps the criticisms you hear are aimed at unchecked, unregulated capitalism.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by pitaj on Friday September 21, 2018 @11:20AM (#18040331)
Most of the criticisms I hear are against the current system. Specifically, I hear many criticisms of "free market" healthcare and finance, among others. All of which are ironically the most regulated and checked industries.

I hear people blame "deregulation" for the financial crisis, when in reality government regulations and policies misaligning incentives hold a majority of the responsibility.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by TeMPOraL on Friday September 21, 2018 @05:27AM (#18038359)
Or simple, extreme views.

I think the better view of capitalism allows to both appreciate it for the unprecedented age of prosperity it brought to this world, as well as identify it as the major factor in the biggest problems of present day, from climate change to inequality-related social tensions. It's an extremely powerful tool that let us grow to where we are, but needs fine-tuning so that it won't shake our societies apart.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by jackcosgrove on Friday September 21, 2018 @02:12AM (#18037509)
It seems to be a question of timing. I can see two competing explanations, the spread of market economies and the demographic dividend.

Keep in mind most of this extreme poverty was eliminated in Asia, and in particular China. Unfortunately China began to liberalize its markets and realize its demographic dividend in the early 80s, at the same time, so I'm not sure about that case.

Again in India, liberalization and falling birthrates happened together in the 1990s.

25 years ago was 1993, two years after the dissolution of the Soviet Union. It's an arbitrary time frame, perhaps conveniently selected. That said, market economies spread rapidly throughout the second world during the 90s, and the Soviet subsidies that had kept a number of command economy-leaning third world countries were cut off, forcing liberalization.

The most powerful effect of this was the widespread loss of belief in the effectiveness of command economies. With the end of the USSR the major ideological opponent of capitalism collapsed. World historical event -> world-wide change in outcomes is too big a correlation to dismiss.

That said it's tough to tease out what is driving what, economics or demographics. I do think that human flourishing occurs when ideology gets out of the way of individuals pursuing their own interests, whether their interests include opening a small business or not birthing children for the motherland.

So I am not able to say, "it's because of capitalism," or, "it's because of contraception and female education." I am confident that we can say, "ideology and authoritarianism make things worse."

Re:Decline of Global Extreme Poverty Continues but Has Slowed by mpax on Friday September 21, 2018 @11:08AM (#18040236)
It’s due to return on energy investment going up due to new productive technologies, aka “capital”. “Capitalism” is an orthogonal issue. To put it in Marxian terms, you can have a socialist community with a capitalist mode of production.

The way new capital reaches the third world can be attributed to globalization of market circuits, for instance, China is currently investing into Africa much like the first world did to China in the past.

Of course, if you define the terminology differently, say you’re an Austrian Economist, the above explanation might appear unintelligable.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by groestl on Friday September 21, 2018 @01:45AM (#18037409)
I also think that (some aspects of) capitalism play a role in this, but another large factor is probably improved access to education, especially education of girls.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by groestl on Friday September 21, 2018 @02:32AM (#18037582)
Interesting that this is controversial here, but the reasoning goes like this: peace and fewer civil conflicts allow for stronger institutions, such as schools. Education amplifies this even more, and strenghtens trust in institutions. In some places, schools help keeping the children fully fed, making sure they get at least one meal a day. Furthermore, improving education for girls specifically is almost always followed by a reduction of the number of children later in life and a raise in childbearing age. With fewer children, each one gets access to more resources, including education and technology, breaking the cycle of poverty.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by SpecialistEMT on Friday September 21, 2018 @08:25AM (#18039163)
As a radical leftist, when im criticizing capitalism, im not saying that it's worse than what we had in the past, but that we are doing way less than we could to have a better system.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by claydavisss on Friday September 21, 2018 @08:41AM (#18039231)
Problem is, the "system" you would "design" to replace capitalism would include charming attributes like exit visas and quite possibly conclude that the "people" would be better off if 10% of them were liquidated for the benefit of the others.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by SpecialistEMT on Friday September 21, 2018 @10:11AM (#18039803)
you're just putting words in my mouth now.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by krapp on Friday September 21, 2018 @09:04AM (#18039364)
>Problem is, the "system" you would "design" to replace capitalism would include charming attributes like exit visas and quite possibly conclude that the "people" would be better off if 10% of them were liquidated for the benefit of the others.

If you're just going to debate a strawman instead of the actual poster and their actual comment, why bother showing up?

Re:Decline of Global Extreme Poverty Continues but Has Slowed by cheschire on Friday September 21, 2018 @08:38AM (#18039220)
Hmm. Left-wing politics is about liberalism and equality, yes? I believe what you meant was as a radical progressive, which is more focused on reforming and improving society.

That liberalism is associated with progressivism seems to take away from progressive right-wingers which may believe in the inherent inequality of certain inevitable social structures, but work to abolish or reform broken regulation.

I do not intend to imply my political beliefs here. I'm simply saying perhaps you meant progressive.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by dragonwriter on Friday September 21, 2018 @08:50AM (#18039286)
> Left-wing politics is about liberalism and equality, yes?

No. Not in either of the sensed “liberalism” is currently used. Equality, yes, in a manner particularly opposed to the structural inequities of capitalism, but not liberalism, which is either about capitalism or a viewpoint which seeks to maintain capitalism a while moderating certain inequities within it, depending on which of th current usages of “liberalism” you refer to.

> I believe what you meant was as a radical progressive

“Radical progressive” is a phrase used in US politics go refer to a certain range of left-wing positions.

> That liberalism is associated with progressivism

It's not, though one of the senses of liberalism is adjacent to progressivism.

> seems to take away from progressive right-wingers

While the term “progressive right-wingers” may not be nonsensical in some historical usages of “progressive”, it is simply oxymoronic in the current usage.

> which may believe in the inherent inequality of certain inevitable social structures, but work to abolish or reform broken regulation.

You seem to be using “progressive” as simply anyone who seeks change from the status quo to realize their political values, which is a novel use.

The grandparent used “radical leftist” correctly.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by cheschire on Friday September 21, 2018 @08:58AM (#18039325)
I was actually going straight off the wiki definitions.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by dragonwriter on Friday September 21, 2018 @09:17AM (#18039439)
> I was actually going straight off the wiki definitions.

Asssuming the wiki you are referring to is Wikipedia, you seem to have paid attention only to the first sentence of each article.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by qubax on Friday September 21, 2018 @08:39AM (#18039226)
> Does anyone know exactly why? I conjecture to say it's broadly the result of capitalism.

This is a tricky question. Easily the biggest factor is china. China being the most populous nation was the largest source of poverty a few decades ago and now is the largest source of reduction of poverty. They lifted 680 million people out of poverty by 2010. Today, that number is probably approaching 800 or 900 million due to their economic growth.

https://www.economist.com/leaders/2013/06/01/towards-the-end...

So do we credit the "communism" of the chinese communist party? Do we credit capitalism? Do we credit chinese communism management of capitalism? Do we credit foreign investment? Chinese entrepreneurship? It all depends on your political bias. Success has a thousand fathers, failure is an orphan.

Also, poverty is a very political/strange concept. A poor city dweller struggling to make ends but who has a smartphone and nice sneakers will not be in poverty. But a farmer who owns his land, is independent and grows enough food to live comfortably but has no smartphones or sneakers would be seen as being in exreme poverty. Ultimately, reduction of poverty is simply a result of moving farmers and stuffing them into large cities and how dependent they are on the "state". The less poverty you are in, the more you are dependent on society for life's essentials.

Also, poverty decreasing is great, but in the same time period, wealth inequality has increased drastically. Imagine poverty of weapons. Both of us are in extreme weapons poverty ( we have no weapons ). You get a nerf gun and I get a shotgun. Weapons poverty is wiped out. We should celebrate right? It's "great" that poverty decreased, but the differential in power between me and you skyrocketed.

Look at china. Their poverty has decreased dramatically. But the power differential between the powerful and everyone else has increased dramatically as wealth inequality skyrocketed. Is this really a good thing? The wealth inequality funding "digital dictatorship" and tyranny?

This is the same diversion tactic some people use about wealth not being a zero sum game. In purely terms of wealth, it is not a zero sum game. But wealth translates into power. And power certainly is a zero sum game. So if you got $10 and I got $10,000,000, in terms of wealth, both of us are doing better. But in terms of power, my power increased drastically while yours barely budged.

> I really feel like it's a shame that word is almost toxic in intellectual circles.

It is because it's opinions based on political biases. But economists and political "scientists" do a great job lying to us that their field is a "science" with the same credibility of physics. It is not. There is no objective truth because it's not in the realm of the empirical but societal/political. You'd have less toxicity in a debate between a christian, jew and muslim on who is the one true god.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by owenversteeg on Friday September 21, 2018 @09:05AM (#18039371)
That's a really interesting comment, thanks. In particular your note about the decrease in poverty but the vast new wealth differential. I think China is moving towards a government that can never be overthrown, which has some scary implications. I think there's two main things driving that: the large wealth differential as you said, and the improvement of technology. Eventually, China will get to the point of being able to stop even the idea of revolution: people could be reeducated at the slightest hint of revolutionary ideas.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by AnimalMuppet on Friday September 21, 2018 @01:28PM (#18041236)
> I think China is moving towards a government that can never be overthrown

We've seen that before. The Thousand-year Reich lasted 12 years. Communism in Russia was untouchable... until it wasn't. Right now the government of North Korea looks unchangeable, and China and Iran look close. But I predict that, in a generation, at least two out of the three will be gone.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by owenversteeg on Friday September 21, 2018 @06:07PM (#18043017)
The thing is that this time it's different. A revolution has to form somewhere. How will it form when every single citizen can be monitored for compliance 24/7? Everywhere you go, everyone you talk to, everything you do is tracked and analyzed. In the past, the government can't do anything to stop a revolutionary until they've become known as one. But in China they'll be able to stop revolutionaries before they become revolutionaries. At the first hint of anti-establishment sentiment someone can be instantly reeducated.

Say there's mass economic strife, and people want to revolt. Ten people suddenly get the idea to overthrow the government. They organize a get together in the woods, with no technology allowed. Facial recognition can tell the ten of them joined as a group, logs showed they all did not use any technology for a period of hours, they weren't seen in any camera or microphone database for hours... Hmm, very suspicious. An automated system can and will recognize these factors and the group will be quickly sent for reeducation.

Once the technology passes a tipping point, there's simply no way back. The technology enables the existing power structure to be maintained forever.

And that's assuming human soldiers are involved. At some point - maybe 50 or maybe 150 years from now - robotics will be advanced enough that you won't even need cooperation of soldiers, and at that point the entire population can be controlled with the push of a button.

[dead]
Re:Decline of Global Extreme Poverty Continues but Has Slowed by dredmorbius on Friday September 21, 2018 @05:59AM (#18038487)
The personal attack is not necessay. The observation on lack of rigour stands.

The question of what actually precipitates, maintains, spreads, or limits growth has in fact been a central question of numerous economic schools of thought and/or ideology; the Physiocrats, Adam Smith, free-market fundamentalists, J.S. Mill's steady-state, Ricardo & George on rents, Schumpeter's creative destruction, Kondratieff's technological waves, North's institutionalsism.

Jevons, Adams, Lotke, Soddy, Boulding, Georgescu-Roegen, Meadows et al, Daly, Ayres, Klitgaard & Hall, Smil, and Keen all point to an overwhelmingly dominant role for energy, especially fossil fuels.

The full answer has multiple components. Simply chalking "capitalism fixed it" is beyond facile. Particularly when aggreement as to what that term even encompasses is at best exceptionally limited.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by pgsandstrom on Friday September 21, 2018 @02:08AM (#18037500)
I believe just attributing it to capitalism is way to broad of a statement. It's not too uncommon to say that the "capitalist era" has existed for about 500 years, and the explosive growth of value has existed for a much shorter time. So to simply say that all our current growth comes from capitalism is way to simplistic.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by AnimalMuppet on Friday September 21, 2018 @01:33PM (#18041278)
A definition of capitalism I like is this: Capitalism is where the gains/profits are not just consumed. They are re-invested. That's where explosive growth comes from. You make some money. Instead of blowing it on wine, women, and song, you use it to buy better tools. So you are more productive, and so you make more money. You use that to buy even better tools. Spread that behavior over a large chunk of society, keep that up for several decades, and you'll get a pretty explosive growth of value.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by FranzFerdiNaN on Friday September 21, 2018 @02:05AM (#18037486)
Capitalism was the cause of extreme poverty, from enclosure movements to slavery to industrialization to colonialism. To say that capitalism is to thank for lifting people out of the tragedy is hilarious. Especially as capitalism causes 8 individuals to be richer than half the world.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by 07d046 on Friday September 21, 2018 @02:15AM (#18037522)
I'm no historian, but I think extreme poverty has existed for a lot longer than the idea of capitalism.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by lkuty on Friday September 21, 2018 @02:17AM (#18037535)
Sure but now we have a system that is very well optimized to allow a few people to get super rich at the cost of the whole world safey (them included).
Re:Decline of Global Extreme Poverty Continues but Has Slowed by FranzFerdiNaN on Friday September 21, 2018 @02:47AM (#18037634)
And yet we choose to congratulate a system that willingly put people into extreme poverty for centuries for finally giving a few scraps back. We could have had a system which lifted people out of poverty, but no, we went for slavery and colonialism and all that fun stuff. And we continue to do that. Half of America is one missed paycheck away from financial ruin, and that is the richest country that has ever existed.

But sure, lets praise capitalism!

Re:Decline of Global Extreme Poverty Continues but Has Slowed by Certhas on Friday September 21, 2018 @07:44AM (#18038953)
> Capitalism was the cause of extreme poverty

This is demonstrably false. Extreme poverty was simply the state of the world until a few centuries back. In 1820 more than 90% of the world was living in extreme poverty.

It's absurd to claim a single diffuse concept like capitalism was responsible for lifting people out of poverty, it's just as absurd to claim it was responsible for putting them there.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by _louisr_ on Friday September 21, 2018 @02:18AM (#18037538)
It's not hilarious to thank Capitalism for lifting people out of tragedy - It's what has happened. Coal power plants in low income countries; iPhone factories creating an economic explosion in China; T-Shirt factories in Bangladesh. All of these things are the result of Capitalism and the free market, and participating countries are doing well. They are accepting some environmental damage, though. Consider that the company making the most progress in sustainable energy is, well, a capitalist company.

Alternate systems have not worked out so well, as you know. Communist planned economies led to the starvation of tens of millions, and that number increases to hundreds of millions when you add the persecution, jailing, and sometimes immediate execution of citizens of Communists states that had a history of political activity of the wrong sort. Recall that in Soviet Russia it was beneficial for each individual to "inform" on their neighbours to the KGB, so that they could claim their apartment. And it's suspected that Vladmir Putin is actually the richest person in the world.

Colonialism and slavery are pretty rough, but they are not a product of capitalism as much as a product of human malevolence and brutality. I'm sure you would find evidence of colonialism and slavery in pre-civilization times and in non-capitalist societies, so that argument falls flat.

Also, regarding the 8 richest individuals - If the rest of the world is getting on OK, why should we not have a couple of super rich people around? Why is that inherently bad? Why do _you_ think you should have a say of where that money belongs, exactly?

Re:Decline of Global Extreme Poverty Continues but Has Slowed by gyaru on Friday September 21, 2018 @03:06AM (#18037721)
Ah yes, Putin the famous Communist.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by 4lejandrito on Friday September 21, 2018 @02:42AM (#18037614)
"...and that number increases to hundreds of millions when you add the persecution, jailing, and sometimes immediate execution of citizens of Communists states that had a history of political activity of the wrong sort..."

Why is that not a product of human malevolence and brutality?

I'm sure you would find evidence of persecution, jailing and sometimes execution of citizens in pre-civilization.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by TangoTrotFox on Friday September 21, 2018 @03:53AM (#18037950)
Communism is about centralized control of a population. The central authority determines what you get, what you pay, what you do, and so on. Capitalism, by contrast, is a decentralized system. What you pay for something is little more than a product of the market. And you're free to do anything you want, so long as there is a demand for it.

Imagine I want to send a rocket to Mars. And then I go and check the prices and see these companies want hundreds of millions of dollars to launch one. That makes me confused. The materials to make that rocket cost at most on the order of tens of millions of dollars, and labor certainly doesn't explain the rest. I bet I could make one for less. And it turns out I can. Then a couple of decades later, I'm the biggest rocket supplier on the planet. In a communist system your only option there would be to try to appeal to the bureaucracy, and if you're lucky you might eventually, some years later, get a reply to your filing of form FNE-34821.43-z: 'We disagree. Thanks for your input, comrade.' Of course this probably isn't a fair comparison. In a communist system nobody would ever have the resources to even dream of being able to do something like launch rockets to Mars. Instead you'd have to beg old entrenched government bureaucrats to do it. I'm wouldn't hold my breath.

This notion of an economic system being driven by the people instead of being driven by the government is why in a capitalist system you're generally free to argue for a communist system - with some unfortunate exceptions, yet in a communist system arguing for capitalism is often enough to get you 'disappeared' - with some fortunate exceptions. Maybe even more visibly in a capitalist system you could even start a communistic system. Want to buy 5000 acres of land and start communitopia? Feel free to! Want to buy 5,000 acres of land and start capitalitopia in a communist nation? It's simply not possible.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by emiliobumachar on Friday September 21, 2018 @05:32AM (#18038381)
Good points, but bad example. The Soviets invented spaceflight.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by TangoTrotFox on Friday September 21, 2018 @06:06AM (#18038519)
You bring up a good point, but I think this actually really nails the issue. The point is not that government bureaucracy cannot achieve great things. Our achievement of putting a man on the moon was supposed to be a product of the capitalist system. In reality it was mostly socialist in execution as a heavily publicly funded affair directed by a state level organization primarily with state employees to achieve a bureaucratically directed goal. The point is what happens when what the government thinks is good and what the people think is good differ?

And we also saw this exact scenario play out in space. We never really managed to bring space to into the capitalist system. And once the government 'won' the space race, their interests shifted from space. Not only did progress halt but we technologically regressed. We put a man on the moon in 1969. Today, half a century later, we're struggling just to try to send a man around the moon - let alone land on it. No human has left low earth orbit since 1972! But at the same time space has now been genuinely introduced into the capitalist system and so long as the people have a desire for more, the odds of us entering into another 50 year regression are rapidly approaching 0.

Re:Decline of Global Extreme Poverty Continues but Has Slowed by _louisr_ on Friday September 21, 2018 @02:53AM (#18037670)
That was the product of necessary ideological conformity for their proposed system to work. Everyone who is not on board with the communist system could bring it down, so they shot dissenters. In Capitalism you can believe whatever you want to believe so long as you respect the rights of the individuals around you, and you don't incite violence, and a couple of other conditions.
Re:Decline of Global Extreme Poverty Continues but Has Slowed by lkuty on Friday September 21, 2018 @02:15AM (#18037524)
Yes indeed. World Bank... We can stop reading the rest of the title and avoid reading the article entirely.