1/I talk to a lot of socialists who are very convinced that material deprivation is rising, both in America and around the world. And that this is a consequence of neoliberalism's intellectual dominance.— Noah Smith (@Noahpinion) November 13, 2017
Wrong, and wrong.
2/First, let's talk about America. Child poverty has risen a lot, right?— Noah Smith (@Noahpinion) November 13, 2017
Nope. It's at an all-time low. https://t.co/DcX2o9rxeE
3/Why has child poverty in America fallen so dramatically?— Noah Smith (@Noahpinion) November 13, 2017
Because of government. Because of redistribution. pic.twitter.com/TGQQcIUmBh
4/Next, homelessness. There are more and more homeless people on the streets, right?— Noah Smith (@Noahpinion) November 13, 2017
Nope. Homelessness has fallen a lot in America. https://t.co/uzDElEagiW
5/And why did this decline happen?
— Noah Smith (@Noahpinion) November 13, 2017
Because of government. Because of redistribution. pic.twitter.com/bY9yNwjYAZ
6/In fact, homelessness throughout America is still falling (though what remains is becoming more concentrated in big cities). https://t.co/8sUBtFMEqj— Noah Smith (@Noahpinion) November 13, 2017
7/Now let's talk about the rest of the world. Colonialism has impoverished most of the world for the benefit of a few rich countries, right?— Noah Smith (@Noahpinion) November 13, 2017
Not recently, nope.
8/Decolonization eventually led to a dramatic burst of growth in poor countries that is CLOBBERING world poverty. pic.twitter.com/pIHryW9eaP— Noah Smith (@Noahpinion) November 13, 2017
9/Just look at that graph. Look at how the # of people in absolute poverty rises smoothly until colonialism ends, then begins to fall relentlessly.— Noah Smith (@Noahpinion) November 13, 2017
Decolonization worked. pic.twitter.com/uJVPYMBuL6
10/OK, but "absolute poverty" is just a stupid number, right? What about all the kids dying??— Noah Smith (@Noahpinion) November 13, 2017
FAR FEWER KIDS ARE DYING. pic.twitter.com/VgTybrjbRr
11/How about people going hungry?— Noah Smith (@Noahpinion) November 13, 2017
In all regions except the Middle East, hunger has fallen enormously since the end of colonialism. Africa and East Asia have seen the biggest drops. pic.twitter.com/NFEoODvE6u
12/This is happening due to two forces:— Noah Smith (@Noahpinion) November 13, 2017
1. Growth, which grows the pie
2. Redistribution, which makes sure everyone can have some pie.
13/In Latin America, for example, redistribution is making a big dent in inequality (not just absolute poverty): https://t.co/sx8E9DF0Rh— Noah Smith (@Noahpinion) November 13, 2017
14/Decolonization and global growth have turned a 2-peaked global income distribution into a 1-peaked distribution. Here's 1988 vs. 2011. pic.twitter.com/ejNERYS4KS— Noah Smith (@Noahpinion) November 13, 2017
15/So socialists are wrong to think material deprivation has increased. It has fallen, and is still falling.— Noah Smith (@Noahpinion) November 13, 2017
But they're falling because of redistribution and the end of colonialism.
16/In other words, socialists are wrong to think that the world has gotten worse, and they're also wrong to think that free-market capitalism and colonialism have dominated the world in recent decades.— Noah Smith (@Noahpinion) November 13, 2017
17/In large part, we've done what many socialists wanted - ended colonialism and increased redistribution - and the results have been great.— Noah Smith (@Noahpinion) November 13, 2017
18/Obviously the world still has plenty of economic problems.— Noah Smith (@Noahpinion) November 13, 2017
But globally, and even in America, our approach isn't failing. It's just not working as fast as we'd like.
(end)
No comments:
Post a Comment