5 Minute Video
Did you understand that since 1970, the percentage of humankind living in extreme poverty has fallen 80 percent? How did that happen? Arthur Brooks, president of the American Enterprise Institute, discusses.
Donate today to PragerU! http://l.prageru.com/2ylo1Yt
Have you taken the promise for school option? Click on this link! https://www.schoolchoicenow.com
Signing up with PragerU is complimentary! Sign up now to get all our videos as soon as they’re launched. http://prageru.com/signup
Download Pragerpedia on your iPhone or Android! Countless sources and truths at your fingertips.
iPhone: http://l.prageru.com/2dlsnbG
Android: http://l.prageru.com/2dlsS5e
Sign Up With Prager United to get brand-new boodle every quarter, unique early access to our videos, and an annual TownHall telephone call with Dennis Prager! http://l.prageru.com/2c9n6ys
Join PragerU’s text list to have these videos, free merchandise free gifts and breaking statements sent directly to your phone! https://optin.mobiniti.com/prageru
Do you go shopping on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be contributed to PragerU. Very same terrific items. Very same low cost. Shopping made significant.
CHECK OUT PragerU! https://www.prageru.com
FOLLOW us!
Facebook: https://www.facebook.com/prageru
Twitter: https://twitter.com/prageru
Instagram: https://instagram.com/prageru/
PragerU is on Snapchat!
SIGN UP WITH PragerFORCE!
For Students: http://l.prageru.com/29SgPaX
JOIN our Educators Network! http://l.prageru.com/2c8vsff
Script:
The next time you hear somebody complain about capitalism, consider this: The portion of individuals living at starvation level hardship has fallen 80% considering that 1970. Before then, more than one in 4 individuals worldwide were surviving on a dollar a day or less. Today, it’s about one in twenty.
This is the greatest anti-poverty accomplishment in world history. How did this remarkable transformation come to pass? The dazzling policies of the International Monetary Fund and World Bank?
No. It was none of those things.
It was capitalism. Billions of souls worldwide have actually been able to pull themselves out of poverty thanks to five incredible developments: globalization, free trade, home rights, the rule of law, and entrepreneurship.
Free trade is open access to markets and individuals from all over the world with few, if any, barriers. And entrepreneurship is the imagination of complimentary people to dream up new items that we never ever understood we wanted or needed.
It’s worth keeping in mind that in places like East Asia, these 5 things were all made possible by the historical peace after World War II that arised from America’s international diplomatic and military presence.
Let me put this in a somewhat different way:
The perfects of capitalism and international management, main to commercialism and American conservatism, are responsible for the greatest reduction in human misery because humanity began its long climb from the overload to the stars. This amazing progress has been America’s present to the world.
So, if these American conservative perfects have done so much to lift up the world’s bad, you would believe conservative ideas would be acquiring strength each and every single day– everywhere. And not just gaining strength amongst conservatives, but also among young idealists, immigrants, minorities, and advocates for the poor– all embracing the principles of free enterprise and unleashing its power on behalf of the susceptible.
But this hasn’t taken place. To the contrary, industrialism is having a hard time to draw in brand-new followers. Some think it’s destined to fade away– just as it has in much of Europe.
According to a Harvard Study, only 42% of young Americans 18 to 29 have a beneficial view of capitalism. What explains this inconsistency between the amazing results of capitalism and its appeal? Why does industrialism get such bum rap?
One response is easy: The defenders of free enterprise have actually done a horrible job of telling people how much excellent the system has actually done around the world. Industrialism has actually saved a couple billion people, and we have treated this miracle like a state trick.
According to a 2013 study, 84 percent of Americans are unaware of the progress made against poverty worldwide. Certainly, more than two-thirds think international appetite has actually become worse.
For the total script, visit https://www.prageru.com/videos/if-you-hate-poverty-you-should-love-capitalism
source
The next time you hear somebody complain about commercialism, consider this: The portion of people living at starvation level poverty has actually fallen 80% because 1970. To the contrary, capitalism is having a hard time to draw in brand-new fans. According to a Harvard Study, just 42% of young Americans 18 to 29 have a beneficial view of industrialism. What explains this disparity in between the amazing outcomes of commercialism and its appeal? Why does capitalism get such bad rap?
