Capitalism has lifted a billion people out of extreme poverty: Kennedy

Capitalism has lifted a billion people out of extreme poverty: Kennedy


KENNEDY: THE ECONOMY IS EXPANDING AND WE ARE CLOSE TO FULL EMPLOYMENT. PEOPLE’S 401(K)S ARE MAKING MONEY! CAPITALISM IS THE BEST, RIGHT? OBVIOUSLY BUT ACCORDING TO A NEW POLL, THE VERY LEFT HAVE A MORE FAVORABLE OPINION OF SOCIALISM. THEN CAPITALISM. AMONG DEMOCRATS, 57 PERCENT POSITIVE VIEW SOCIALISM WHILE ONLY 40 7C CAPITALISM IN A PRODUCTION, FINANCES REPRODUCTION, HEALTHCARE AND ASSETS OVER TO UNCLE SAM. IF YOU WANT YOUR WEALTH REDISTRIBUTED AND ARE ARE NOT COMPETENT TO DONATE TO CHARITY SEND IT TO THE IRS! THEY WILL CATCH IT WITH A SMILE. WHENEVER PEOPLE CRUSH ON MAKE ONE THING CLEAR, DENMARK IS FAR FROM A SOCIALIST PLANNED ECONOMY. DENMARK IS A MARKET ECONOMY. BETWEEN 1990 AND 2010, AND A 20 YEAR PERIOD ALONE, THANKS TO CAPITALISM, A BILLION PEOPLE WERE LIFTED OUT OF EXTREME POVERTY. BOTTOM LINE, WHEN ECONOMY GROWS PEOPLE LIVE. DRIVING THIS AND THE HEALTHCARE UNCERTAINTY IN THE COUNTRY BROUGHT ON BY DEMOCRATS AND EXACERBATED BY REPUBLICANS, IS THE ONLY THING LEADING OTHERWISE RATIONAL FREEDOM LOVERS INTO THE ARMS OF THAT EXPERIMENT. IF THE LABORATORY DID NOT BREED SUCH AWFUL CONSEQUENCES. IN FREE MARKET ECONOMIES PEOPLE THRIVE WITH REAL SOCIALISM PEOPLE REALLY DIE! 100 MILLION VICTIMS OF SOCIALISM IN THE 20TH CENTURY. ASK HOW THEY FARED UNDER STALIN

46 thoughts on “Capitalism has lifted a billion people out of extreme poverty: Kennedy

  1. Wrong! Capitalism has lifted more than 2 billion out of abject poverty, true subsistence, in the last 35 years. When Reagan first became President, the WHO said 43k children died every day from malnutrition and its effects. It is now less than 10K. What he and many others did in a capitalistic mode worldwide was essential. Every nation that has abandoned Socialism has prospered. China's economic miracle is pure capitalism.

  2. *Everything is by DEGREES Kennedy* moderate socialism is just controlled capitalism for the people. Capitalism by conservatives ..is the TRICKLE DOWN effect, as the super rich dribble down on us.. WHEN WE GIVE THEM BIG TAX CUTS so they can buy another superyacht. **which they really need to match their learjet**. By the way..globalism grows the American economy. StarBucks in America.. OR StarBucks in the WORLD. See the difference LOL>

  3. "If you want government to have control over […] who you put in your body, by all means hand your assets over to Uncle Sam"
    Wow, this gives all new meaning to the catchphrase "fuck the government".

  4. FOX NEWS LIES

    Mao Zedong may have been a fat psychopath like Donald Trump, but nevertheless he lifted 1.3 billion people out of extreme poverty by providing them with free education right through to the tertiary level, something that Betsy DeVos will never do. The labor force in China can now read and write, often in more than two languages and many can cope with advanced maths, making it far more flexible and responsive to changes in technology and globalization. The countries with the best living conditions and longest life expectancy are all socialist nations. They are not run by ‘commies’, and not run by criminals like Trump, but by benevolent socialist governments that first and foremost provide free health care and education.

  5. Shes not talking about normal people. Shes talking about the "exceptional". The elite. Shes being utterly disingenuous. Fuck you.

  6. You are full of shit, woman !!! Capitalism is not a USA monopoly nor is it a Republican monopoly or Democracy's monopoly. China, a Communist country, alone lifted 800 million people out of poverty in the last three decades, a contribution to mankind no other nation in human history has ever come close to matching.. That's 80% of the billion people you were referring to. In the same time period, USA has not done fuck all for mankind except going all over the world terrorizing, torturing, and murdering millions upon millions of innocent and defenseless Communist and Muslim men, women, and children CIVILIANS for nothing but US greed, vanity, and fear, and USA is still putting million more into homelessness, hopelessness, and helplessness. Shame on you motherfuckers !!! May the love and the peace of Jesus be with us.

  7. Capitalism is also why American Name brands moved their manufacturing to China which is then shipped back to USA consumers creating your trade deficit with China. This moved increased profits for shareholders. Exactly what is happening to Harleys.

  8. AND ALSO DESTROYED ENTIRE COUNTRIES TO STEEL THEIR FOSSIL RESOURCES…. USA HAS PROVEN TO BE THE BIGGEST TERRORIST OF THIS WORLD

  9. Socialism, in the form of extended unemployment benefits saved America from a full on depression. Thank you socialism! A capitalist nation would have crumbled when Bush attacked the economy…Only socialism saved the homes and the jobs of those who got fucked. YEAH SOCIALISM! Pull your heads out of your asses. Ever collect unemployment? I have not. It is a socialist program, and I support it.

  10. I don't like the fact that I am forced to pay into SS and medicare, and essentially forced to put money in the stock market through a 401k or have it stolen from me. I would love to manage my own money, because I believe I know what is better for me than the federal government.

  11. The false dichotomy of socialism versus capitalism is plain silly. No system of purity exists for either. Kennedy is a self-righteous ideologue without any meaningful substance.

  12. Why does capitalism take all the credit of 1 billion people being lifted out of poverty….
    If 1 billion people had to pay for their own health care, had to pay for their own and their families education primary high and tertiary, if they had no social security benefits and government assistance,
    how successful would they have been in claiming out of poverty?
    Capitalism has capitalised on non capitalists systems would be my guess.

  13. All idiots here. Same group of useless clowns predicting dollar collapse & monetary crash for years n years but nothing ever happens. Truly the circle jerk of corruption in YouTube .

  14. 'socialism is for assholes'
    Frank Zappa

    lets talk about $ 800 BILLION a year in USA
    trade deficits
    and 6 MILLION jobs destroyed by
    NWO PC globalist elites !
    who STOLE 38% of WORLD MIDDLE CLASS WEALTH
    and reduced the Middle Class from
    63% to 50% of the population in the USA alone

  15. PS:
    Bankster*……. Socialism ………..Must Be Destroyed !

    *ISDA BIS FHFA FDIC SWAPS $ 2 QUADRILLION CASINO since 2008.

    SWAPS~ ….68% of every asset in the World is leveraged 98% with
    derivatives bets (SWAPS) , in BOTH directions and virtually
    IMPOSSIBLE to predict and REGULATE !!
    Every human endeavor in the world (for the first time in HISTORY)
    with regards CAPITAL and LABOR is being 'short stopped,"

    "Banks and hedge funds make more money on trading SWAPS
    than trading in Stocks and Bonds," ~ NY Times Deal Book October 23, 2015.

  16. Capitalism creates competition, which is the main fuel of economy growth. Socialism can't work because of the human nature "individualism". Who works more should be able to earn more but it's not the case in socialsm and this kills the competition. Thus no one feels to create or do more.

  17. Kennedy is an ignoramus about socialism and about what happens around the world. She should have stayed on at MTV commenting on music videos, that was her true calling. She has no expertise on anything she reports on. She just follows the right wing / Trump cult propaganda line that Fox sells. Hybridization of capitalism and government control are needed for large scale efforts like building infrastructure, operating a military, and running efficient health care systems. Switzerland's public/private health care for instance costs 1/2 the prices as the US's results in a healthier overall population, better life expectancy, and with rates of child birth death that make the US look like a third world country. Kennedy, why don't you actually do some research as apposed to always blabbering about right wing talking points, you look like a self aggrandizing right wing ideological elite.

  18. Capitalism is inadequate and eventually Communism and Solialism will too. The problem is the way we think (very limited and small). We have a choice and the freedom to create a better system but that takes deeper and more expansive realisations and ways of being. Our little intellect which is worshipped in the West is only a small part of our resources but it is the only game in town or so most of the world believes. So we get what we give. Use 5% of our capability and judge the results and when it proves inadequate we just double down and defend it. Very stupid … how about finding out how to access the other 95% of our mind? Ism's or schisms are just results of this limited way of being. The best is yet to come but we have to allow the possibility that we have to play a bigger game. The one we are using is out of date and outmoded. Instead we fight each other to be right for crumbs. Arent WE tired. Time for us to wake up.

  19. We should be teaching people how to thrive in capitalism not try to get rid of it. I'm starting to believe that a course on economics, jobs, entrepreneurship, taxes, financial independence etc should be a requirement in high school. There's too many idiots like Cortez running around.

  20. LIES!!! Capitalism ONLY helped those in the western countries, and in particular the elites in those countries. The western countries only count for a total of about a billion people (if even that), and of that the elite is a VERY SMALL portion. The other non western countries ALL tried communism, and that had helped them somewhat till USA fucked up their system and their lives. With communism out of the way, the system in place IS NOT capitalism! So, don't call it that. Stop with your lies!

  21. Capitalism hasn't listed people out of poverty. In fact the exploitation still continues. Look up "aid in reverse how poor countries help rich" by the guardian and watch this far superior video on YouTube — https://youtu.be/A6VqV1T4uYs

  22. Capitalism hasn't listed people out of poverty. In fact the exploitation still continues. Look up "aid in reverse how poor countries help rich" by the guardian and watch this far superior video on YouTube — https://youtu.be/A6VqV1T4uYs

  23. This statement simply ignores history. Before the rise of capitalism, the world was inhabited by self sustaining civilizations. Once capitalism emerged in Europe, its ever increasing demand for resources and profit led Europeans to violently conquer a large portion of the world and pillage their resources, leaving a large portion of humanity in poverty. After having their land stolen, victims of colonization had no choice to work for the starvation wages that the capitalists offered them. Years after the empires of Europe have fallen, poverty persists, providing the same desperate conditions needed to drive capitalism. If someone were to show up at your house with a bulldozer, demolish it for its resources, and offer to rent you a shack for a few thousand dollars a month, I doubt you’d be very thankful.

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