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Well, he is, depending on your perspective. For the developed countries, yes, there's a regression for the lower and middle classes. For developing countries,
by oblio 4y ago
Well, he is, depending on your perspective.
For the developed countries, yes, there's a regression for the lower and middle classes.
For developing countries, which are very much developing due to capitalism, there is a <<huge>> improvement in quality of life right now.
I'd argue that life is improving for more people (in developing countries) than it's regressing (in developed countries).
- hulitu 4y ago>For developing countries, which are very much developing due to capitalism, there is a <<huge>> improvement in quality of life right now. And which are the coutries "which are very much developing due to capitalism" ?
- oblio 4y agoRephrasing that. Many developing countries are growing quickly due to capitalism. So, which developing countries are growing thank to capitalism? All of them. All the rising developing countries are rising thanks to capitalism. China, Vietnam, South Korea/Taiwan (already developed by now), Romania, Poland, Czechia, Botswana, etc.
- bjornsing 4y agoAnd perhaps that’s not only economically sensible but also morally just.