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KostasGeorgioy

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Liberalism works

It’s not just that liberalism distributed the wealth better. It actually turned the US into a middle-class country. As in most of history, the biggest class used to be the poor‒ about 40% of the country in 1900.

In the liberal period, poverty declined from 30% of the population to under 10%. Thus the idea that the US was a middle class country, one where the average person was doing well. This was almost unprecedented in history! The middle class had always been a minority.

Under plutocracy, efforts to reduce poverty ended. And now poverty is rising again; it’s up to 15%.

  • 8 months ago > azspot
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    You realise that the modern American definition of liberalism is entirely false, right? If you want a good example of...
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