I guess I chose to see a half full glass
Topic: US Capitalism: The Most Remarkable Achievement In Human History Against Poverty - page 2. (Read 6629 times)
January 06, 2014, 04:35:39 PM
Mankind is organic, fluid, predatory like its many societies through out History has proven. A form of communication replacing a type of service does not equate to the fall of all man made societies, but to improve upon.
I guess I chose to see a half full glass
I guess I chose to see a half full glass
January 06, 2014, 04:19:37 PM
Bitcoin is a bet on collapse, etc.
January 06, 2014, 03:18:16 PM
Wonder how much the purchasing power of $1 declined on the same timescale 
^ Exactly this.
Exactly this!! I was reading and I was thinking WTF is he talking about, $1 is worth nothing today!
The graphs are exactly the same on different direction, nothing changed, actually it should go up because the population increased
So contraception is the solution to fight poverty?
You are sort of wasting your time. Your chart shows that things are getting better for most people in the world. A lot of posters in this forum don't want to hear that so they reply saying "inflation" "population" and a few other excuses to be pessimistic.
Here's a few more charts that cause unhappiness: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/24/these-31-charts-will-destroy-your-faith-in-humanity/
This just doesn't seem to be a forum where good news is welcome. A lot of people fantasise that we are in the Final Days, that the state will collapse and that we will all live in basements and use ammo as the ultimate currency. Being told that life is getting better and better really doesn't make them happy
So... pessimism is driving the price of bitcoin up? NNooooo!!!
January 06, 2014, 12:45:13 PM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
Exactly this!! I was reading and I was thinking WTF is he talking about, $1 is worth nothing today!
The graphs are exactly the same on different direction, nothing changed, actually it should go up because the population increased
So contraception is the solution to fight poverty?
You are sort of wasting your time. Your chart shows that things are getting better for most people in the world. A lot of posters in this forum don't want to hear that so they reply saying "inflation" "population" and a few other excuses to be pessimistic.
Here's a few more charts that cause unhappiness: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/24/these-31-charts-will-destroy-your-faith-in-humanity/
This just doesn't seem to be a forum where good news is welcome. A lot of people fantasise that we are in the Final Days, that the state will collapse and that we will all live in basements and use ammo as the ultimate currency. Being told that life is getting better and better really doesn't make them happy
January 06, 2014, 12:19:05 PM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
Exactly this!! I was reading and I was thinking WTF is he talking about, $1 is worth nothing today!
The graphs are exactly the same on different direction, nothing changed, actually it should go up because the population increased
So contraception is the solution to fight poverty?
January 06, 2014, 11:32:57 AM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
http://inflationdata.com/Inflation/images/charts/Annual_Inflation/Cumulative_Inflation_by_Decade_sm.jpg
Exactly this!! I was reading and I was thinking WTF is he talking about, $1 is worth nothing today!
The graphs are exactly the same on different direction, nothing changed, actually it should go up because the population increased
January 06, 2014, 11:28:22 AM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
Maybe the inflation isn't correctly calculated but: "...world’s population living on $1 or less (in 1987 dollars)...".
Wonder how many actually read through the posts they are commenting on
Ah, well that makes it more interesting. The line in the graph drops dramatically between 1970 and 1987, then changes to a far slower pace. So the first chart is more useful alongside the purchasing power chart.
I wonder what the first chart would look like if it took 1970 purchasing power as it's start point? Probably wouldn't depict quite the same "success" factor.
It depends what you call success. People who could not afford basic essentials in 1970s have mobile phones now. Most of those people will never hold a dollar bill in their lives. But they have been lifted out of grotesque poverty by international trade and economic liberalisation.
January 06, 2014, 11:25:38 AM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
Maybe the inflation isn't correctly calculated but: "...world’s population living on $1 or less (in 1987 dollars)...".
Wonder how many actually read through the posts they are commenting on
Ah, well that makes it more interesting. The line in the graph drops dramatically between 1970 and 1987, then changes to a far slower pace. So the first chart is more useful alongside the purchasing power chart.
I wonder what the first chart would look like if it took 1970 purchasing power as it's start point? Probably wouldn't depict quite the same "success" factor.
January 06, 2014, 09:39:30 AM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
Maybe the inflation isn't correctly calculated but: "...world’s population living on $1 or less (in 1987 dollars)...".
Wonder how many actually read through the posts they are commenting on
January 05, 2014, 10:09:27 PM
Wonder how much the purchasing power of $1 declined on the same timescale
^ Exactly this.
http://inflationdata.com/Inflation/images/charts/Annual_Inflation/Cumulative_Inflation_by_Decade_sm.jpg
January 05, 2014, 09:31:30 PM
Wonder how much the purchasing power of $1 declined on the same timescale
January 05, 2014, 09:21:48 PM
Everybody’s featuring their “graphs and charts of the year,” like The Atlantic and the Washington Post (be sure to see Vice-President Joe Biden’s “Graph of the Year” on Amtrak ridership). Well, the chart above could perhaps qualify as the “chart of the century” because it illustrates one of the most remarkable achievements in human history: the 80% reduction in world poverty in only 36 years, from 26.8% of the world’s population living on $1 or less (in 1987 dollars) in 1970 to only 5.4% in 2006. (Source: The 2009 NBER working paper “Parametric Estimations of the World Distribution of Income,” by economists Maxim Pinkovskiy (MIT) and Xavier Sala-i-Martin (Columbia University).
What accounts for this great achievement that you never hear about? AEI president Arthur Brooks explains in the video below, summarized here:
It turns out that between 1970 and 2010 the worst poverty in the world – people who live on one dollar a day or less – that has decreased by 80 percent (see chart above). You never hear about that.
It’s the greatest achievement in human history, and you never hear about it.
80 percent of the world’s worst poverty has been eradicated in less than 40 years. That has never, ever happened before.
So what did that? What accounts for that? United Nations? US foreign aid? The International Monetary Fund? Central planning? No.
It was globalization, free trade, the boom in international entrepreneurship. In short, it was the free enterprise system, American style, which is our gift to the world.
I will state, assert and defend the statement that if you love the poor, if you are a good Samaritan, you must stand for the free enterprise system, and you must defend it, not just for ourselves but for people around the world. It is the best anti-poverty measure ever invented.
http://www.youtube.com/watch?v=ss80iuEBC6A
http://www.allenskillicorn.com/2653/greatest-achievement-human-history-never-hear/
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