Oxfam that is. And the rest of them:
Most of you reading this blog are in the top 1% sucking up all those resources – depriving the poor in Africa and elsewhere of the chance to grow, to get out of poverty.
Except you’re not. Sit back, put a smile on you face – punch the air with joy. You and me – capitalists both – have sat getting a little richer for thirteen years while a billion folk have escaped absolute poverty. All the international trade, all those businesses and those business folk filling the posh seats in aeroplanes flitting across the world – they’ve done that, they’ve lifted those people out of poverty.
Oxfam are wrong. Neoliberalism is making all the world richer. Even the UN celebrates that neoliberal success:
“For the first time since records on poverty began, the number of people living in extreme poverty has fallen in every developing region, including sub-Saharan Africa. Preliminary estimates indicate that the proportion of people living on less than $1.25 per day fell in 2010 to less than half the 1990 rate…”
This is what capitalism does. Isn’t it wonderful.