It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: pexx421
So where are all these people doing better, then? In Africa, where we destroy their economies with predatory business practices so we can steal their resources? In South America which has all its migrants fleeing to us from their countries we’ve destroyed, like Honduras, and Venezuela? China’s doing better, I doubt India is, and I know the US, Russia and Europe aren’t.
originally posted by: pexx421
a reply to: Propagandalf
Capitalism always leads to ever increasing disparity. It’s functioning just as intended. It’s a cycle of booms and busts where the banks consolidate more and more of the wealth each time. This is how it’s always functioned in every single place it’s existed. And I don’t think we should be discussing socialism if you don’t know what it is.
It's why extreme poverty throughout the world is rapidly declining
Europe and Central Asia
Many countries in the region suffered setbacks in the growth of incomes of its bottom 40. On the other hand, several economies whose bottom 40 suffered large declines because of the financial and the debt crises were recovering. Among developing regions, Europe and Central Asia had the lowest percentage of people living under the $3.20 and $5.50 poverty lines. However, in the share of people lacking schooling enrollment, it performs less well than either East Asia and Pacific or Latin America and the Caribbean.
originally posted by: AtlasHawk
a reply to: Propagandalf
You cant be serious.
You must be joking. Your getting your facts very wrong.
It's why extreme poverty throughout the world is rapidly declining
Poverty Around The World
Source
Source
Europe and Central Asia
Many countries in the region suffered setbacks in the growth of incomes of its bottom 40. On the other hand, several economies whose bottom 40 suffered large declines because of the financial and the debt crises were recovering. Among developing regions, Europe and Central Asia had the lowest percentage of people living under the $3.20 and $5.50 poverty lines. However, in the share of people lacking schooling enrollment, it performs less well than either East Asia and Pacific or Latin America and the Caribbean.
I am not sure where you get the stats where you claim that extreme poverty throughout the world is rapidly declining when the reality on the ground is completely different.
originally posted by: pexx421
I’m rhetorically asking because I doubt the “facts”. People post “facts” on here all day to show the economy is doing great. Naturally it’s all bs. I saw the same “facts” in 07. There is a greater wage gap than at any time in history, and it’s growing. That’s a fact. The eu is collapsing and Britain almost fell apart this week. That’s a fact. The us economy is in a shambles with politicians doing the opposite of what they promise, and corporations making the rules and pulling the strings. That’s a fact. You think “state capitalism” is the same as “socialism “. That’s a fact. I’m sure you will have different “facts” than mine. Naturally, yours are incorrect.
originally posted by: XAnarchistX
a reply to: Propagandalf
so... your argument is
"the United Socialist Party of Venezuela " means they are socialists just because they have the word "socialist" in the "name"
but,
The Democratic People's Republic of Korea is also socialists even though they have the word "Democratic"
so, your argument is a contradiction...
originally posted by: pexx421
a reply to: Xtrozero
And I’m saying you’re wrong. It is debatable just like all facts and statistics. And I don’t need your directions on which way to go, but thanks for offering. We were talking about capitalism, and in the last 4 weeks I’ve probably spent almost 100 hours reading and listening to yanous varoufakis, Michael Hudson, and Richard Wolff. I’ve also read dozens of books by Chomsky, Howard zinn, William Blum, and others. Have to say, they have much more compelling data and explanations of capitalism, socialism, economics and the state of the world than an ats blogger and the world bank/ ptb.
originally posted by: pexx421
a reply to: pexx421
The thing about statistics is that those putting out the stats are often manipulating the stats or presentation in order to paint an agenda or narrative. Of course the world bank paints a rosy picture. They want to make it look like their work is helping the poor of the world. In reality, their actual job is to loan impossible terms to poor nations so that they may go in, privatize everything and steal the natural resources for multinational investors/thieves.
originally posted by: pexx421 I’m sure you’re indoctrinated enough to disagree, but I suggest listening to a talk or two by micheal Hudson, and then come tell me if he’s wrong or not.