Wednesday, January 8, 2014

World Poverty Ending; Cultural Elites Hardest Hit

Standard MSM posture regarding facts it doesn't like

1.8 billion fewer people living in poverty: that's the result of world poverty being reduced 80% since 1970.   To me, this sounds like news.  Instead, it's practically top secret information.   The MSM's non-interest is easily understandable, though, since this remarkable success in poverty reduction was not accomplished by government mandated income equality, or by increasing taxes on the rich, or even by charitable giving.   Nor did the mandarins who believe themselves well-suited by education and ability to be in charge of things like ending world poverty have anything to do with it.  Instead, this dramatic reduction in world poverty is entirely due to the efforts of free people working under the protection of the rule of law.     The short name for this remarkable method for reducing poverty is "free enterprise", and as a means for increasing wealth free enterprise has no rival.   Free enterprise has many auxiliary benefits, too, such as the promotion of democracy and other human rights.  To the MSM, though, free enterprise is a villain rather than a hero, so all of this is exactly contrary to the MSM narrative for how poverty ought to be reduced.   And the MSM ain't got time for facts that don't fit the narrative.

Do you suppose Pope Francis has heard anything about this?

RELATED:  The more he explains, the worse it gets:  Cardinal Reinhard Marx distinguishes "capitalism" (which is bad) from "market economy" (which is not as bad.)   Cardinal Marx hints that the criticisms outlined in Pope Francis's apostolic exhortation Evangelii Gaudium were aimed at capitalism, not market economy.   The problem is that capitalism, as defined by his eminence, doesn't exist, and, if it did, would have few, if any, defenders.  Not sure if his eminence is telling us we may safely ignore Evangelii Gaudium, or if he just doesn't understand the strawman fallacy.   Luckily for the world's poor, the economic precepts of Cardinal Reinhard Marx are not binding upon anyone.

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