‘Take a bow – capitalism’.
That’s from the Economist – a business-happy publication that has every reason to perpetuate the myth that a world run by free enterprise is improving people’s lives.
Its story continues with an astounding claim: ‘The world now knows how to reduce poverty’.
Perhaps by presenting questionable data that seems to support what the business community wants us to believe.
Other super-capitalists are similarly exuding hyperbole in defense of their shaky beliefs.
Said a spokesman for the American Enterprise Institute: ‘It was the American free-enterprise system that started to spread around the world.
They looked at you and said ‘I want to have their life- their freedom and their stuff and they threw off their chains of poverty and tyranny’.
But it’s clear when the facts are checked – that the chains of poverty are being wrapped around more and more human beings.
Extreme Poverty Has Increased – in Terms of Wealth..