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this post was submitted on 20 Aug 2023
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The bias is justified. The left is correct. Markets don't create wealth without necessarily simultaneously creating poverty
Well that's just bullshit. Markets have brought more people out of poverty than anything.
Wrong, that would be China, under the direction of the CPC
Deng literally introduced market reforms to do so. This is not the own you think it is
If we were talking amongst ourselves you'd be right but here we're responding to a liberal OP who doesn't know what words mean and purposefully worded their intent to avoid the word "capitalism"
Fair point
For the sake of simplicity, please enjoy the following meme:
Obviously it is a counterfactual but no serious leftist would say that China without market reforms wouldn't have eradicated poverty, and moreover done it faster and more completely. The seeds of poverty alleviation were planted during the Maoist era; improvement in health, education improvement, and industrialization.
To corroborate your point you can just look at life expectancy in rural communities to see that it rose steadily throughout the Maoist period and then froze during the Dengist reforms
Gotta develop the industrial capacity before you can seize it