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My exact thoughts. Once again, you also explained it a whole lot better than I did (http://news.ycombinator.com/item?id=3370197 http://news.ycombinator.com/item
by solutionyogi 15y ago
My exact thoughts. Once again, you also explained it a whole lot better than I did (http://news.ycombinator.com/item?id=3370197 http://news.ycombinator.com/item?id=3370197). Being raised in lower income family in India, I have certainly seen how capitalism could lift people of poverty.
- jackityquack 15y agoI've only had the chance to visit once, but it's wonderful! The best news I've heard is that (i seem to remember) 80% of people that live in slums (slums all over the world), only live there for 1 generation. That means in 80% of cases, people get out of the deepest poverty (people usually come to slums from rural areas, so slums don't shrink). The world is getting better, but it does take a LONG time. http://www.ted.com/talks/hans_rosling_the_good_news_of_the_decade.html http://www.ted.com/talks/hans_rosling_the_good_news_of_the_d...