lexx and mack, please stop muddying the waters by pointing to the US as an example. We're discussing the benefits of capitalism to a developing nation (yes mack, those developing nations are capitalist too. capitalist does not necessarily mean wealthy).
Ugh, now to address Alexis's distorted version of reality.
In the meantime, capitalism is raising the standard of living for every nation it touches EXCEPT the 1st world. You're bitching about the US erecting trade barriers... explain to me how that keeps the peruvian welder down. It doesn't. He is no worse off than if the US didn't exist. If the US erects a complete barrier, the US is still doing NOTHING to him. Any amount of trade the US allows will benefit that welder. Now if the US does allow complete free trade, he will benefit more... but you're advocating throwing away your sandwich because you can't have steak.
It blows my mind that you're bitching about this... capitalism is a benefit to pretty much every nation on the planet right now, LEASTof which the US, Europe, and Australia, as their middle classes get exported to newly developed nations that have finally had the opportunity to raise their standard of living and educate their populations thanks to free or near-free trade. Seriously. You're on crack.
Ugh, now to address Alexis's distorted version of reality.
And under communism, there is no chance of that changing. Under capitalism, it can. Capitalism provides it's government with far more resources and ability to address these issues. Communism guarantees that crippling shortages will prevent people from obtaining medical treatment among other basic needs. Like I said, you're not going to see wage adjustment and devlopment overnight. Is this your problem? Is the fact that developing nations need time to develop (suprise! )causing you to throw the entire system out the window? Well boohoo. Get over it. No one said you get instant gratification.Here poor means living on 1 buck a day, or dying of a cold.
In the meantime, capitalism is raising the standard of living for every nation it touches EXCEPT the 1st world. You're bitching about the US erecting trade barriers... explain to me how that keeps the peruvian welder down. It doesn't. He is no worse off than if the US didn't exist. If the US erects a complete barrier, the US is still doing NOTHING to him. Any amount of trade the US allows will benefit that welder. Now if the US does allow complete free trade, he will benefit more... but you're advocating throwing away your sandwich because you can't have steak.
It blows my mind that you're bitching about this... capitalism is a benefit to pretty much every nation on the planet right now, LEASTof which the US, Europe, and Australia, as their middle classes get exported to newly developed nations that have finally had the opportunity to raise their standard of living and educate their populations thanks to free or near-free trade. Seriously. You're on crack.