this post was submitted on 07 Sep 2024
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That's actually how actual capitalists see it: they need poverty present in an economic system so there's always a churn of surplus labor to exploit.
There is another side to this where they credit this poverty alleviation to the neoliberal economic system and lump China's contribution to this statistic with the rest of the world's to try and make it look like the world is improving under their auspices.
Over the last half decade or so they have dumped all pretense of wanting to tackle poverty and now it is just constant warmongering against the sinister asiatics and the orientals so lifting people out of poverty is not cool and hip anymore and the steven pinkers of the world are out of their jobs.
It never were. Literally all poverty lifting under capitalism is the function of drastically increasing production and technical progress (and of course imperialism) and yet nearly all fruits of those had been redistributed to ruling classes. In other word it was never at any point purposeful, except maybe when they did concession in fear of workers power and that was forced.
Robert Owen all those years ago wondered where all this wealth go if the work of 100000 is done by 1000 and those 1000 live even worse than those 100000 before.
My point was that at one point the adults in the room would show you the chart of the percentage of population living on under $1.5 a day (the poverty line decided by IMF) over time and gaslight you into believing that conditions were improving but they don't even try to do that anymore.
Yeah the gaslighting was all that ever was about it.