I disagree. Poverty increased because mortality rates dropped precipitously, leading to an unprecedented uptick in demand. Whereas most people would have simply

I disagree. Poverty increased because mortality rates dropped precipitously, leading to an unprecedented uptick in demand. Whereas most people would have simply died, capitalism and particularly its industrial revolution allowed these people to actually live. Supply could not possibly be increased quickly enough to handle the new strains placed upon nations by these successes. My estimation of the 19th and 20th century reactions against the protection of property rights is that it led to a diminished capability of private industry to rationally and reliably deal with the issues posed by this great expansion of human procreation.