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.
Did you know that China is responsible for 75% of the global poverty reduction over the last 40 years?
https://www.worldbank.org/en/news/press-release/2022/04/01/lifting-800-million-people-out-of-poverty-new-report-looks-at-lessons-from-china-s-experience
https://openknowledge.worldbank.org/server/api/core/bitstreams/e9a5bc3c-718d-57d8-9558-ce325407f737/content
This is the correct response. Practically all of global poverty reduction is being done by central planning, right now.