3 ms·
I'm 40 years old. I remember the last 30 years in my home country (Turkey) very well. What happened in this period? Awesome things. Access to food, shelter, hea
by starchild_3001 8y ago
I'm 40 years old. I remember the last 30 years in my home country (Turkey) very well. What happened in this period? Awesome things. Access to food, shelter, healthcare, cars, many many amenities and luxuries of life have expanded wildly.
The marxist dude is likely cherry picking data to make a bogus point. E.g. the charts in his letter aren't normalized by world population. Pinsker is presenting distributions, not absolute numbers, as world population has a tendency to grow.
He has one valid point. $1.90 might be too low to draw the poverty line. But as the whole distribution has shifted, that point seems moot.
He has another interesting point: People had access to land in the old age, although they didn't have cash. I think that makes sense. Land has some value... but but there's a big cost to utilizing it---it's a full time job :) Anyone can go back... become a farmer, hunter or a herder... live at subsistance-level. I think few people want that lifestyle, as is clear from occupancy stats. The benefits of having access to land and its cost (the specific lifestyle) may cancel each other.
- huffmsa 8y agoThe difference of opinion between those who've lived through something and the opinion of bourgeoisie academics who've studied the same thing from an Ivory tower is usually quite different. Like how the advice and experience of a startup founder, regardless of success, is almost immeasurably more valuable than that of a consulting analyst.