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I don't see any evidence in the article, just links to some dubious papers, partially paid by the world bank. It might be, that some money goes to third world
by PythonicAlpha 12y ago
I don't see any evidence in the article, just links to some dubious papers, partially paid by the world bank.
It might be, that some money goes to third world countries (specially China and India) but I just doubt, that many people are really rising out of poverty. The "wandring labourers" of China are not. They work just to survive. Also those that are sewing our jeans in Malaysia and other countries ... at the verge of living wage. When the big corporations move along, to even cheaper countries, nothing is left to them.
I know by own experience, that with statistics, you can prove just anything, even lies.
I think, reading also the comments posted to the article is helpful. Some insights are also there.
- seanflyon 12y agoThe Chinese poor, don't have to rise out of poverty to be vastly richer than they were a few decades ago. They had to get bigger desks in their school because all the kids are bigger because they can afford to feed them now.
- PythonicAlpha 12y agoMight be, but they will run in tremendous health problems, given the current rate of environmental pollution. Also (again): Compared to western standards, the Chinese median earnings are still laughable.
- seanflyon 12y agoYet their life expectancy is still rising because they are so much better off than they were before. Chinese median earnings are still laughable compared to western standards but rising from unimaginable poverty to still quite bad poverty is a big improvement.