Friday, September 28

If Capitalism is so bad, how come the number of poor in China dropped by 230million?

Now this is impressive by any count. China has managed to drop its poverty rate from 31% in 1978 to 2.5%, 250 million in 1978 to 20 million today. The power of capitalism to do good is frequently overlooked and overpowered in the mass, shrieks and groans of the doom and gloomers.

Old Moses's rallying cry is apt, "Let my people go!!!!", the dead hand of central planning and the dead hand of the state has to be removed!

All this to be taken with a grain of piquant salt!!!

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