Great data source. I’m not quite as pessimistic as this article is though. I believe innovation, such as cheaper solar, will bring wider electricity coverage as well as electrified water pumps. Once this occurs, a lot of poverty goes away on its own after a generation or two. See Korea/China.
The assumption that poverty will rise, just because the rate it is going away is slowing seems a little over the top. Albeit, it is one possible outcome.
Time_Crystals on
Capitalism is built on poverty imo!
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Great data source. I’m not quite as pessimistic as this article is though. I believe innovation, such as cheaper solar, will bring wider electricity coverage as well as electrified water pumps. Once this occurs, a lot of poverty goes away on its own after a generation or two. See Korea/China.
The assumption that poverty will rise, just because the rate it is going away is slowing seems a little over the top. Albeit, it is one possible outcome.
Capitalism is built on poverty imo!