2 ms·
You're entitled to your own opinion, but not your own facts. Starting wage in the US, 1931: $820/year[1]. Even without inflation adjustment, there are currentl
by groby_b 8y ago
You're entitled to your own opinion, but not your own facts.
Starting wage in the US, 1931: $820/year[1]. Even without inflation adjustment, there are currently 21 countries with less than that as gross national income[2] (which is higher than starting wages)
On the $45 trillion, the original research is in book form, but try [3][4]
For the US stealing from South America, try reading up on the "Banana Wars"[5]. Far from the only thing, but it's well documented and somewhat more widely known.
As for running out of poverty, go for climate refugees - there's a good chance there'll be 1 billion of them in a few decades[6]. And, fwiw, this already plays a large part in the mediterranean migrant crisis right now.
Oh, and as for the idea that slavery doesn't exist: 35 million people, roughly[7]. And that's not accounting for wage slavery and debtors prisons that just happen to loan out workers.
Laissez-faire capitalism is far from an unmitigated good. In fact, except for the people holding the capital, it's an unmitigated disaster.
[1] https://babel.hathitrust.org/cgi/pt?id=uiug.30112032654953;view=1up;seq=935 https://babel.hathitrust.org/cgi/pt?id=uiug.30112032654953;v...
[2] https://www.worldatlas.com/articles/countries-with-the-lowest-income-in-the-world.html https://www.worldatlas.com/articles/countries-with-the-lowes...
[3] https://www.globalresearch.ca/legacy-of-colonialism-britain-robbed-india-of-45-trillion-and-thence-1-8-billion-indians-died-from-deprivation/5663351 https://www.globalresearch.ca/legacy-of-colonialism-britain-...
[4] https://www.aljazeera.com/indepth/opinion/britain-stole-45-trillion-india-181206124830851.html https://www.aljazeera.com/indepth/opinion/britain-stole-45-t...
[5] https://en.wikipedia.org/wiki/Banana_Wars https://en.wikipedia.org/wiki/Banana_Wars
[6] https://reliefweb.int/report/world/climate-migrants-might-reach-one-billion-2050 https://reliefweb.int/report/world/climate-migrants-might-re...
[7] https://www.weforum.org/agenda/2016/12/the-horrors-of-modern-slavery-in-numbers/ https://www.weforum.org/agenda/2016/12/the-horrors-of-modern...