Name: Does Capitalism Actually Reduce Poverty? | Richard Wolff
Uploaded: 2021-01-17T21:00:58
Duration: 7 min
Description: You’ve probably heard that “capitalism has reduced global poverty by 90 percent.” It’s a line frequently parroted by capitalism’s most enthusiastic promoters. But there’s a problem with those claims: they’re either misleading or outright false. Professor Richard Wolff breaks it down. Join the Gravel Institute, and make their work possible:

Does Capitalism Actually Reduce Poverty? | Richard Wolff

You’ve probably heard that “capitalism has reduced global poverty by 90 percent.” It’s a line frequently parroted by capitalism’s most enthusiastic promoters. But there’s a problem with those claims: they’re either misleading or outright false. Professor Richard Wolff breaks it down.

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Economics

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