Towards the end of poverty

Discussion in 'Politics & Current Events' started by Matt in the Hat, Jun 2, 2013.

  1. Matt in the Hat

    Matt in the Hat Moderator
    Staff Member

    Sep 21, 2002
    Brooklyn
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    New York Red Bulls
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    [​IMG]
    http://www.economist.com/news/leade...uld-aim?fsrc=scn/fb/wl/pe/towardsendofpoverty

    Remarkable. Something the world should be very proud of.

    And yes, capitalism deserves the lions share of the credit.
     
  2. taosjohn

    taosjohn Member+

    Dec 23, 2004
    taos,nm
    True enough.

    And yet it is probably important to keep in mind just how tragically low that bar actually is, and how much harder the next billion are likely to be to move up...
     
  3. HeartandSoul

    HeartandSoul Moderator
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    Jan 25, 2007
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  4. Cascarino's Pizzeria

    Cascarino's Pizzeria BigSoccer Yellow Card

    Apr 29, 2001
    New Jersey, USA

    Most of the gain has been made in China which is state-run capitalism. I guess we can thank them for all the iCrap they make for us and they can thank us for helping them get millions out of poverty. It's great on a human level, but having come from the last century in a once ascendant America, I'm not sure how comfortable I am with the "red Chinese" starting to run things.
     
  5. superdave

    superdave Member+

    Jul 14, 1999
    VB, VA
    Club:
    DC United
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    United States
    I'm pretty sure that's not true. What about India? Sub-Saharan Africa? Especially India.
     
  6. soccernutter

    soccernutter Moderator
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    Aug 22, 2001
    Don't drink beer but like cheese
    Club:
    Tottenham Hotspur FC
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    Another reason is that the bare achievement of pulling people over the $1.25-a-day line has been relatively easy in the past few years because so many people were just below it. When growth makes them even slightly better off, it hauls them over the line. With fewer people just below the official misery limit, it will be more difficult to push large numbers over it.


     
  7. Cascarino's Pizzeria

    Cascarino's Pizzeria BigSoccer Yellow Card

    Apr 29, 2001
    New Jersey, USA

    I'm pretty sure it is:

    China (which has never shown any interest in MDGs) is responsible for three-quarters of the achievement. Its economy has been growing so fast that, even though inequality is rising fast, extreme poverty is disappearing. China pulled 680m people out of misery in 1981-2010, and reduced its extreme-poverty rate from 84% in 1980 to 10% now.

    That is one reason why (as the briefing explains) it will be harder to take a billion more people out of extreme poverty in the next 20 years than it was to take almost a billion out in the past 20. Poorer governance in India and Africa, the next two targets, means that China’s experience is unlikely to be swiftly replicated there. Another reason is that the bare achievement of pulling people over the $1.25-a-day line has been relatively easy in the past few years because so many people were just below it. When growth makes them even slightly better off, it hauls them over the line. With fewer people just below the official misery limit, it will be more difficult to push large numbers over it.
     
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  8. superdave

    superdave Member+

    Jul 14, 1999
    VB, VA
    Club:
    DC United
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  9. mak9

    mak9 Member

    May 21, 2005
    Toronto, Canada
    Club:
    Real Madrid
    ???

    Does this article even take in consideration inflation?

    1.25 USD in 1990 is a lot different than today
     
  10. Cascarino's Pizzeria

    Cascarino's Pizzeria BigSoccer Yellow Card

    Apr 29, 2001
    New Jersey, USA

    I take all of these studies' numbers with a grain of salt. Some Sunday yak-fest was talking about the horror of our science & math scores (17th I believe) and then you see we're up against Finland, Ireland, Faroe Islands, etc. and realize our school-age population alone is far larger than these countries' entire populations. We could do better, but it's an exaggeration to say we're in some kind of educational crisis.
     
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  11. soccernutter

    soccernutter Moderator
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    Aug 22, 2001
    Don't drink beer but like cheese
    Club:
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    read it.
     
  12. ceezmad

    ceezmad Member+

    Mar 4, 2010
    Chicago
    Club:
    Chicago Red Stars
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    United States

    The good and the bad.
     
  13. ceezmad

    ceezmad Member+

    Mar 4, 2010
    Chicago
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  14. song219

    song219 BigSoccer Supporter

    Apr 5, 2004
    La Norte
    Club:
    DC United
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    Vanuatu
    You act as if you are posting something that is rather unknown & will cause debate. Lefties have always been in admiration of the material successes of Capitalism.

     
  15. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
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  16. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
    Club:
    Liverpool FC
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    yes, but Karl also predicted that as Capitalism advances, wealth would be increasingly concentrated in the hands of fewer and fewer people.
    which could be seen as running contrary to the stats initially presented.
     
  17. puttputtfc

    puttputtfc Member+

    Sep 7, 1999
    As long as they all vote D, I'm happy.
     
  18. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
    Club:
    Liverpool FC
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    then there's this guy.
    [​IMG]
     
  19. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
    Club:
    Liverpool FC
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    and this dipshit.
    [​IMG]
     
  20. song219

    song219 BigSoccer Supporter

    Apr 5, 2004
    La Norte
    Club:
    DC United
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    Irrelevant because more importantly Marx never took into account the rise of Grimes.
     
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  21. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
    Club:
    Liverpool FC
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    or the fact that once the Jews conquered hollywood and banking, they would conspire with Spetsnaz and set their sights on world conquest.
     
  22. chad

    chad Member+

    Jun 24, 1999
    chicago
    Nat'l Team:
    United States
    The article does say that while more and more are living on at least $1.26 a day, the wealth gap is ever-increasing.

    Do we also pat ourselves on the back for that?
     
  23. minerva

    minerva Member+

    Apr 20, 2009
    Denver, CO
    Club:
    Liverpool FC
    Nat'l Team:
    United States
    I didn't read the article, but I was wondering about that. that's why I said, and bolded "could."
    because while it's possible that everyone is getting richer (assuming the $1.26 has been adjusted for inflation), the rich might be getting much richer and a lot faster, still leaving everyone else in relative poverty.
    not to be a downer or anything... :D
     
  24. argentine soccer fan

    Staff Member

    Jan 18, 2001
    San Francisco Bay Area
    Club:
    CA Boca Juniors
    Nat'l Team:
    Argentina
    Obviously China was uniquely positioned to take advantage of globalization during the last two/three decades. But they are not the only ones who benefited greatly. In the past 30 years, Latin America experienced a significant decline in poverty. Everybody talks about Brazil, and like China they stand out, because of size and also because they were better positioned to benefit, but even in the poorest countries -like Paraguay and Bolivia- there was a significant improvement. There is still a long way to go, though.
     
  25. argentine soccer fan

    Staff Member

    Jan 18, 2001
    San Francisco Bay Area
    Club:
    CA Boca Juniors
    Nat'l Team:
    Argentina
    At least in Latin America, there's been a decrease in inequality. Not because the rich didn't get richer, but because the poorest of the poorest had the most significant improvement, in relative terms.
     

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