http://www.nytimes.com/2015/10/01/o...rtant-thing-and-its-almost-a-secret.html?_r=0 Basically it talks about how the world is actually becoming a better place. Just like how gun crimes are down a lot in america, but for some reason people think its going up.
This was debunked pretty handily yesterday I'll try to find the article for you. Summary: if extreme poverty line is $1.25, then you have to take into account that $1.25 doesn't buy nearly as much stuff today as it did when the poverty line was set. Once you take that into account and judge poverty by people ability acquire things, extreme poverty has worsened and so has poverty in general. In the exact same way, most Americans don't realize their income has been stagnant or declining slightly for 30+ years >> and they don't realize it mainly because the numbers on their salary slip goes up, which is meaningless if you can't buy pay for more stuff.
It refers to PPP so yes it is inflation adjusted. We get it you hate America, but why don't you stick to the topic on hand.
Debunked? Did you even bother to look at the World Bank report linked in the article? It very interesting data. The declines in poverty from Asia are stunning. http://iresearch.worldbank.org/PovcalNet/index.htm?1 In fact I will just post the data here More years worth of data... Spoiler
What on earth did what I say have to do with hating America? Also, I don't hate America, I actually love Americans and America. I just hate the foreign policy. Imperialists are getting super insecure. Btw, the article doesn't refer to PPP. Where is that?
This CNN video is interesting. It's based on 2012 data. https://www.youtube.com/watch?v=uqAi5KyGWvw According to this vid: 95% of the reduction is global poverty in the past 3 decades is due to the improvements in China. Take China out of the picture, it seems like the rest of the developing world The # of Indians living in extreme poverty in 1981 is practically the same as that of 2010 (at about 400 million).
How does it undercut the left's desire for radical change? You do realize that a) the article is talking about improvements in the world, not just the U.S. and b) that a huge contributor to the improvements have been in China, which neo-liberal international capitalism really can't take credit for. You do realize the left is not opposed to increased access to technology and education and a decrease in social leaders being decided based on hereditary or by colonial overlords -- and these are the factors that I would argue are driving the improvements in the world.
There was an interesting book in the late 90s by the name "freakonomic " the writer of this article certainly had read it.