Tuesday, March 31, 2015

Amazing Chart Shows Thanks To Capitalism Global Poverty Rate Is Lowest In History

Amazing Chart Shows Thanks To Capitalism Global Poverty Rate Is Lowest In History - washingtonexaminer.com

Excerpt from this article:

"The history of capitalism, as portrayed in academia and among much of the media, is a sad story. It's one of smokestacks, sweatshops, child labor, robber barons, social stratification and general exploitation of workers. But this amazing chart, put together by Max Roser, a fellow at the Institute for New Economic Thinking at Oxford University's Martin School, tells a much different story — one of industrialization being associated with a rapid decline in poverty."


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