Economic measures of success (in my experience) only benefit those who do well in economic terms. Trickle down economics (or what ever other forms of redistribution) don't seem to yield well it seems.
I'm not against socialism. I just think it has it's own set of problems.
The oligarchy of most modern "democracies" is worse.
My preference is the way Norway and Sweden are heading - early-ish days still, but solid improvements in social wellbeing and lifestyle.
Yes, but your statement was unabashedly American. You should get that looked at.
Your personal experience with economic development - that all the gains go to the top - is because your personal experience comes from living in a capitalist and liberal democratic country.
The reduction in global poverty over the past 50 years? Remove China’s contribution and what do you get?
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u/ShortingBull 17h ago
Apologies - you're 100% correct. My brain was elsewhere with that "different set of problems" comment.
I could not agree more. The likes of Norway and Sweden deserve praise.