healthmyths
Platinum Member
- Sep 19, 2011
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Before capitalism from the year 1000 to 1820 the world economy grew 600%
After introduction of capitalism from 1820 to 1998 the world economy grew 5,000%.
In regions like Europe,USA,Canada,Australia and New Zealand 19,000%.
Per capita income growth is not the only indicator of welfare.
Over the long run, there has been a dramatic increase in life expectation.
In the year 1000, the average infant could expect to live about 24 years.
A third would die in the first year of life, hunger and epidemic disease would ravage the survivors.
There was an almost imperceptible rise up to 1820, mainly in Western Europe. Most of the improvement has occurred since then.
Now the average infant can expect to survive 66 years.
The World Economy
So in the interest of honest discussion those of you who hate us "greedy" capitalists that KNOW factually that a rising tide raises all the boats, that know that the fact people are living nearly 3 times longer then before capitalism.. show me your stellar examples where economic freedom and capitalism has been bested!
Prove to me that there is a better way of increasing standards of living and thereby life spans!
After introduction of capitalism from 1820 to 1998 the world economy grew 5,000%.
In regions like Europe,USA,Canada,Australia and New Zealand 19,000%.
Per capita income growth is not the only indicator of welfare.
Over the long run, there has been a dramatic increase in life expectation.
In the year 1000, the average infant could expect to live about 24 years.
A third would die in the first year of life, hunger and epidemic disease would ravage the survivors.
There was an almost imperceptible rise up to 1820, mainly in Western Europe. Most of the improvement has occurred since then.
Now the average infant can expect to survive 66 years.
The World Economy
So in the interest of honest discussion those of you who hate us "greedy" capitalists that KNOW factually that a rising tide raises all the boats, that know that the fact people are living nearly 3 times longer then before capitalism.. show me your stellar examples where economic freedom and capitalism has been bested!
Prove to me that there is a better way of increasing standards of living and thereby life spans!