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Hacking Poverty
- jelliclesfarm 7y agoPoverty has already been hacked in many developing countries with capitalism. Capitalism is a system of generating Capital. So it can bring money into circulation. Wealth is created and given to the poor so it can be taken away from them to be spent into the economy. And so economic activity and spending create a churn that drives out poverty. Professed capitalists sometimes forget this motivated by wealth hoarding and greed. Professed socialists and communists don’t understand this as they don’t consider capital as a resource like any other. Capitalism is the hack. It is the only system that creates a renewable resource unlike labour or rent or any natural resource. However, as consumerism has been felled by exponential population growth thereby straining fixed non renewable resources and toppling the balance, capitalism must hack itself to create a consumption society not reliant on fixed resources and parallel’y population must drastically come down for adjustment.