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Before capitalism all of the world was "Third world". And the equity you get without capitalism is everybody being equally poor. And then millions die, like in
by chr1 3y ago
Before capitalism all of the world was "Third world". And the equity you get without capitalism is everybody being equally poor. And then millions die, like in every attempt to build communism in past century.
- waffleiron 3y agoI know it’s unfashionable to say on a venture capitalist forum, but millions die under capitalism too.
- lars512 3y agoThat's certainly true and remains an unacceptable state of the world, but it's also true that globally, it's a steadily decreasing number, even under conditions of population growth. E.g. looking at child mortality over time https://ourworldindata.org/grapher/child-deaths-igme-data https://ourworldindata.org/grapher/child-deaths-igme-data
- Thiez 3y agoAnd in same (many?) cases it's intentional, e.g. by overthrowing governments so the West has cheaper oil, gas, or bananas (Guatemala).