The death of society as we know it

Discussion in 'Politics' started by Lizzie, 15th Dec, 2019.

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  1. Lizzie

    Lizzie Well-Known Member

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    Which is great ... but then they get stuck in the next level up of poverty
     
  2. turk

    turk Well-Known Member

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    And in rich countries

    Extreme poverty in rich countries: what we know and what we don’t know

    What do we know about poverty in the rich world before it became rich?

    Martin Ravallion (2015)1 tries to answer precisely this question. He estimates poverty by relying on National Accounts. This involves calculating changes in the distributions of income by drawing on academic studies that reconstruct historical levels of economic output and inequality. You can read more about how researchers reconstruct poverty estimates from macro data in our related post here.

    The chart below plots Ravallion’s estimates, showing how extreme poverty declined in today’s high-income countries. Two points are worth noting.

    First, extreme poverty was very common in today’s rich countries until fairly recently; in fact, in most of these countries the majority of the population lived in extreme deprivation only a couple of centuries ago. These huge improvements show that extreme poverty can be reduced very quickly.

    And second, we can also see that despite the remarkable improvements mentioned above, in some rich countries – notably the United States – what appears to be a sizable fraction of the population still lives in extreme poverty (visible here for the year 2000, when Ravallion’s estimates end).

    [​IMG]
     
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  3. Trainee

    Trainee Well-Known Member

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    though its interesting how communism never happened in the uk which was where engles expected it to occur.
     
  4. Lizzie

    Lizzie Well-Known Member

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    Have you researched the figures? Think you will find those that abuse the system are a tiny portion of those that benefit from the system.

    I would like to see a portion of those on middle class welfare be removed ... never understood why one needs support when earning over $150,000 ... and cut child support off after the 3rd kid, with the support going to pay bills rather than blindly handed to incompetent parents ... but that doesn't make me uncaring or a commie
     
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  5. Sackie

    Sackie Well-Known Member

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    Respectfully, we obviously see things differently. Libs are absolutely no where near perfect. But the alternatives in Australia scare me alot more.

    I'll leave it at that.
     
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  6. Bunbury

    Bunbury Well-Known Member

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    Capitalism is the only antidote to poverty. Socialism has failed in every instance*. The data underlying the graph posted by @turk is evidence enough.

    'Modern advanced economies — whether America, Sweden, the UK, or Germany — combine market-driven economies with social safety nets of one flavor or another. The result is high living standards and a low poverty level. But you can’t redistribute wealth without creating it. And that is what innovation-driven capitalism has done really well for the past two centuries.'

    Ending poverty by 'ending capitalism' is absolute nonsense. Just so, so wrong | American Enterprise Institute - AEI %

    * Except Socialism with Chinese Characteristics - which is ultimately an embracing of market economy principles.
     
    Last edited: 15th Dec, 2019
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  7. Lizzie

    Lizzie Well-Known Member

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    Please don't confuse socialism with communism ... which is a fear tactic of the right.

    What is very concerning is the winning of elections thru personality populism and outright lying, ergo Johnson ... albeit Corbin was a useless wet lettuce leaf ... comes back to the original article where parties insist on putting up aged, elite, private school leaders
     
  8. Bunbury

    Bunbury Well-Known Member

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    No. Socialism is communism. Most people who call themselves socialists are social democrats. Being a socialist is a bit like being a Nazi, in love, or dead. You can't be just a little bit of any of them.
     
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  9. TAJ

    TAJ Well-Known Member

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    Before we get too hot under the collar lets look at the definitions.

    Socialism : a political and economic theory of social organisation which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

    Communism : a theory or system of social organisation in which all property is owned by the community and each person contributes and receives according to their ability and needs.

    Now, using these definitions make an argument that society is either dead as we know it or not.
     
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  10. geoffw

    geoffw Moderator Staff Member

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