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.
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