So, the UN finally admits it's Capitalism not welfare that is ending poverty!

[theVOID]

Interesting view on welfare.

I worked in welfare for 3 decades as well as formally studying welfare systems in several countries. It has never been my view that welfare is about ending poverty. Ideally, welfare is a safety net,to look after people who cannot look after themselves.

While I agree with you that welfare is suitable as a social safety net that does not change the fact that the UN's plan for ending poverty had such a system at it's very core - They approached the problem from that exact angle and it didn't take long to realise that letting businesses get on with it was a far better solution.

In my opinion it is untrue to claim capitalism per se has reduced poverty. Some regulation and control of capitalism has done that.

Unchecked laissez-faire capitalism is greedy,brutal and parasitic.

Laissez-faire is only a subset of capitalism and it is always subject to the rule of law, in contrast to democratic capitalism which has the state as a planner, social capitalism which has the state as a major economic player or anarcho-capitalism where there isn't even so much as the rule of law, therefore to claim that capitalism didn't reduce poverty because you dislike free markets is frankly horse shit Capitalism and regulation aren't mutually exclusive, free market capitalism and regulation however is.

And the level of "greedy, brutal and parasitic" in free market capitalism even in a worst case scenario is but a fraction of what is present in a corrupt social-capitalist system. In a free market you can chose not to work for, buy from or deal with the businesses in question and sue them should they do wrong, in contrast the state coerces cooperation with threats of imprisonment and there is no force to restrain them should they enforce their will.

NOW please be upstanding for a rousing chorus of The Red Flag, after which I will read selected parts of "The Wretched Of The Earth"

Huh?

PS I could not give a flying fuck what the UN says about anything.

I do, mostly because they have their fingers in everyone's pie. If they would stay the fuck out of it I wouldn't care, much like if religious douchebags weren't trying to enforce their will I wouldn't give a flying fuck about them either. that being said, their work promoting solutions to climate change is admirable, as is their efforts to disarm nuclear capable nations - I just happen to think they are wrong about the causes and solutions to poverty, they have for such a long time blamed capitalism in many forms, now they've collected a vast sum of data and have been proven dead-wrong, frankly I'm a little surprised they had the balls to admit it, even in the sheepish face-saving way that they did. Hell, their outlook for improving poverty in African nations now becomes contingent upon the growth of private enterprise and property... That's about a 180% flip.

I know, we all know. But anything to support an ideology, right?

Now let's get this straight; When an entity with an ego the size of the UN admits they were wrong, contrary to their typical face-saving biases, the only reason to pay attention to them is if it supports an ideology? Huh... And here I was thinking it was the massive collection of data that they could no longer ignore.. Silly me!