"Extreme poverty should not exist, period. The fact that up to 17 percent of the world population lives in extreme poverty today (according to Robert Allen’s data on cost-of-basic-needs poverty) should be understood as an indictment of our economic system.8 It is a sign that severe social dislocation remains institutionalized in the capitalist world economy. Yes, the prevalence of extreme poverty is lower today than it was at the height of the colonial period, but this is not sufficient reason for celebration. The colonial high-water mark was an effect of capitalist policy and should never have existed."
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Academics from the United KingdomEconomists from the United KingdomAnthropologists from the United KingdomLabour Party (UK) peoplePolitical authors from the United Kingdom
Original Language: English
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"Capitalism, Global Poverty, and the Case for Democratic Socialism" with Dylan Sullivan ' (July 1, 2023)
https://en.wikiquote.org/wiki/Jason_Hickel
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Jason Hickel
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