Posted on Sep 22, 2015
Is Capitalism to blame for the world's poverty?
21.1K
238
171
13
13
0
http://www.wnd.com/2015/09/the-left-has-its-pope/#8uvpvrzZXEPsq0VX.99
Any serious look at the history of human beings over the millennia shows that the species began in poverty. It is not poverty, but prosperity, that needs explaining. Poverty is automatic, but prosperity requires many things – none of which is equally distributed around the world or even within a given society.
Any serious look at the history of human beings over the millennia shows that the species began in poverty. It is not poverty, but prosperity, that needs explaining. Poverty is automatic, but prosperity requires many things – none of which is equally distributed around the world or even within a given society.
Politics
Economics
Society
Posted 9 y ago
Responses: 44
0
0
0
0
0
0
Capitalism is the only economic system to ever reduce poverty for any sustained period of time. It is at work today in China and India lifting millions out of poverty, creating a middle class in societies, ancient societies where wealth had been limited to selected classes of people.
(0)
(0)
0
0
0
No dictatorship is. These tribal warlords keep the populace in perpetual poverty. These impoverished people have no hope for their civilizations to advance with some greedy warmongers boot on their throats
(0)
(0)
0
0
0
There is a lot of truth to this, in that many rich are not concerned in the least about the average person and is why there is a lot of suffering.
(0)
(0)
SFC Wesley Arnold, Jr
I wouldn't say that capitalism is the sole cause ... I think it is more so the lack of good ethics and greed. If you look at the US we sent more work overseas thus causing less jobs here.
"In the face of a tough competitive environment and current economic conditions, companies are looking outside the U.S. to grow their businesses. Seventy nine percent of companies said a competitive marketplace is driving their international plans, with 77 percent citing global economic conditions, and 73 percent saying labor costs. While companies continue to expand their international activity, companies said they are concerned that political stability and regulations - both at home and abroad – may negatively impact their international business."
**Wells Fargo launches International Business Indicator Survey June 5, 2014
"In the face of a tough competitive environment and current economic conditions, companies are looking outside the U.S. to grow their businesses. Seventy nine percent of companies said a competitive marketplace is driving their international plans, with 77 percent citing global economic conditions, and 73 percent saying labor costs. While companies continue to expand their international activity, companies said they are concerned that political stability and regulations - both at home and abroad – may negatively impact their international business."
**Wells Fargo launches International Business Indicator Survey June 5, 2014
(1)
(0)
CPO Andy Carrillo, MS
Good point. I recently purchased 2 cars: a 2012 Toyota RAV4 and a 2005 Honda Odyssey, both in excellent condition, rather than buy one 2015 [Big Three American] vehicle. Thus American manufacturers are seeking to build their products in foreign labor markets where unionization cannot adversely affect their labor and manufacturing costs. See Detroit for further reference...
(1)
(0)
CDR Michael Goldschmidt
Why is it that businesses are so often considered greedy, yet labor unions are not?
(1)
(0)
CDR Michael Goldschmidt
Without the average person, to whom would the rich person sell his products? Who would produce those products? Producers need consumers as much as consumers need producers.
(1)
(0)
Read This Next
Continue with Facebook 
Continue with Google