It has become an article of faith among many economists that China's pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty.
This article is a classic “find some stats to back up my political position” nonsense. They admit that the world bank findings directly contradict what they want and so redefine “purchasing power parity” to suit their needs. Apparently a more socialist weighing of “basic needs” better suits an argument for socialism? Then they make the somewhat bizarre assertion that socialist China had better life expectancy and infant mortality than Indonesia, Brazil, and India at that time. Maybe that’s true, but wtf does it have to do with the merits of socialism?
This article is a classic “find some stats to back up my political position” nonsense. They admit that the world bank findings directly contradict what they want and so redefine “purchasing power parity” to suit their needs. Apparently a more socialist weighing of “basic needs” better suits an argument for socialism? Then they make the somewhat bizarre assertion that socialist China had better life expectancy and infant mortality than Indonesia, Brazil, and India at that time. Maybe that’s true, but wtf does it have to do with the merits of socialism?
Lee Duna has a pretty clear agenda lol
Might be based out of Fort Liberty for all we know
And you don’t ?!