Capitalism: Is it Working?

[NoraBrimstone]

Whatever else it's faults, capitalism is good at driving economic growth, and economic growth is the only thing with a record of getting hundreds of millions of people out of poverty. 200 years ago, 90% of the world's population was in what would be considered extreme poverty today. 25 years ago it was about 45%. Today it is about 15%.

I'm all for mitigating downsides, but I'm not for slowing economic growth in undeveloped countries. When you're fixing a car, it pays to be careful with the engine.

If that was all down to capitalism, I'd be so surprised I might shit myself.