No, most of the world is capitalist, and most of the world is poor. Only a minority of imperialist capitalist countries, primarily in europe and the US, have wealthier populations due to hundreds of years of colonial exploitation.
In fact world poverty is increasing, if we exclude China and it’s poverty eradication efforts.
That’s just not true. In the US for example we know wealth was less concentrated in the late 1700’s, early 1800’s, and then again with the New Deal after the Great Depression. In fact the wealth gap in the US alone is higher now than it’s ever been, including during the Gilded Era.
No, most of the world is capitalist, and most of the world is poor. Only a minority of imperialist capitalist countries, primarily in europe and the US, have wealthier populations due to hundreds of years of colonial exploitation.
In fact world poverty is increasing, if we exclude China and it’s poverty eradication efforts.
The world was significantly poorer and wealth was much more concentrated before
When was pre-capitalism to you?
That’s just not true. In the US for example we know wealth was less concentrated in the late 1700’s, early 1800’s, and then again with the New Deal after the Great Depression. In fact the wealth gap in the US alone is higher now than it’s ever been, including during the Gilded Era.