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> How's that going in 2022? It's brought hundreds of millions of people out of poverty [0], drastically increased their life expectancies [1], and significantl

> How's that going in 2022? It's brought hundreds of millions of people out of poverty [0], drastically increased their life expectancies [1], and significantly improved their chances of making it to adulthood [2]. For more, see https://www.gapminder.org https://www.gapminder.org. [0] https://www.gapminder.org/tools/#$model$markers$line$encoding$y$data$concept=number_of_people_in_poverty&space@=country&=time;;&scale$type:null&domain:null&zoomed:null;;&frame$speed:100&value=2011;;;;;&chart-type=linechart&url=v1 https://www.gapminder.org/tools/#$model$markers$line$encodin... [1] https://www.gapminder.org/tools/#$model$markers$line$encoding$y$data$concept=life_expectancy_years&space@=country&=time;;&scale$type:null&domain:null&zoomed:null;;&frame$speed:100;;;;;&chart-type=linechart&url=v1 https://www.gapminder.org/tools/#$model$markers$line$encodin... [2] https://www.gapminder.org/tools/#$model$markers$line$encoding$y$data$concept=child_mortality_0_5_year_olds_dying_per_1000_born&space@=country&=time;;&scale$type:null&domain:null&zoomed:null;;&frame$speed:100;;;;;&chart-type=linechart&url=v1 https://www.gapminder.org/tools/#$model$markers$line$encodin...

vkou 5y ago
If you're going to use those things as the yardstick for success, may I take a moment to point out that China has accomplished all that, much faster, on a much larger relative scale, via a distinctly non-neo-liberal economic system. (50x GDP/capita growth over the past 40 years, +13 years of life expectancy, a reduction in absolute poverty from 88% to 0.7%, etc, etc.) But I generally don't see many Western economists singing their system's praises.
- comp_throw7 5y ago
  China did that by massively reducing the influence and scope of government control & influence over their markets. I don't care whether or not you call that "neoliberal" but it's the same root cause driving those improvements worldwide.
- jhbadger 5y ago
  "Socialism with Chinese Characteristics" is just a euphemism for capitalism. Modern China isn't a democratic nation. but it is a capitalistic one by any standard.
- chisquared 5y ago
  The claims I made are not solely about China: they're true about very many other developing countries as well. See, for example, India. That said, I would dispute the claim that China's economic system is distinctly non-neoliberal. In fact, most of the key elements of China's economic reform were about bringing it closer to neoliberalism rather than taking it further away.

vkou 5y ago

If you're going to use those things as the yardstick for success, may I take a moment to point out that China has accomplished all that, much faster, on a much larger relative scale, via a distinctly non-neo-liberal economic system. (50x GDP/capita growth over the past 40 years, +13 years of life expectancy, a reduction in absolute poverty from 88% to 0.7%, etc, etc.) But I generally don't see many Western economists singing their system's praises.

comp_throw7 5y ago
China did that by massively reducing the influence and scope of government control & influence over their markets. I don't care whether or not you call that "neoliberal" but it's the same root cause driving those improvements worldwide.
jhbadger 5y ago
"Socialism with Chinese Characteristics" is just a euphemism for capitalism. Modern China isn't a democratic nation. but it is a capitalistic one by any standard.
chisquared 5y ago
The claims I made are not solely about China: they're true about very many other developing countries as well. See, for example, India. That said, I would dispute the claim that China's economic system is distinctly non-neoliberal. In fact, most of the key elements of China's economic reform were about bringing it closer to neoliberalism rather than taking it further away.