That's the definition of poverty in the U.S. For the poor in Asia and Africa poverty still means not getting two square meals a day and sometimes starving to death.
Yes, of course.
Uncoincidentally, most of Asia and Africa are not very capitalistic
Re:Bill Gates Goes Back to School
by mynameishere on Friday November 23, 2007 @05:05PM
(#83062)
I am defining "take care" as "subsidize". No, capitalism doesn't "take care" of anybody, and if it did, it wouldn't work.
I'd be very surprised if Bill was using the same definition.
It's usually not a good idea to mix different definitions of a word.
Re:Bill Gates Goes Back to School
by mynameishere on Friday November 23, 2007 @07:09PM
(#83092)
I know. To quote myself:
Maybe something was lost in the translation from reportee [ie Bill] to reporter
And actually, the incentives to "subsidize" the disadvantage have always been there (why do middle-class atheists give to charity?), but that gets into sociobiology.