capitalism sucks on paper AND in practice, impressive
Clearly
the Economic Freedom Index does not hold a robust correlation to growth, nor does a general average of poverty reduction reflect the nature of extreme poverty in the world today, where capitalist nations exploit the resources and labor of third world countries and shunt economic burdens into specific areas. this analysis ignores the fact of striated benefit under laissez-faire policies supported by the Fraser Institute by region and race. even capitalist institutions like the World Bank accede to that.
This guy only replies to my posts that are one sentence long and it’s hilarious
@jaehaerys1 you need to practice reading my friend
Poverty is relative though so if the overall standard of living goes up who cares who’s hoarding resources? Yes some places grow faster than others but that could be expected under any economic system.
uh… the people in third world countries… care… because their standard of living doesnt realistically go up and the benefits of investment and capital go directly to those hoarding resources? i mean look at the blood diamond scourge in africa or sweatshop labor for western companies in south asia. you cannot possibly tell me these things are anything but exploitation, that these are good things for the people there.
Exploitation? yes. Inherrantly bad? No. And do they really care? I’ll gladly read anything you have about them being up east that they’re not keeping up with the Jones’s per se.
Another episode of telling 27 year old libertarians that sweatshop labor is bad. Never gets old!
There’s an invisible “libertarians don’t interact” banner beneath all of my posts now.
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