alt Hacker NewsAll well and good but you still haven't addressed my point which is that China's reduction of poverty is due to its central control of wages, construction, and capital.
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ivewonyoung • today at 1:24 AM
They had "central control of wages, construction, and capital" to a much higher degree before they started becoming capitalistic in 1976 and the poverty levels were much much worse and not going down. They only started going down once they embraced capitalism and started allowing private companies.
An assertion made without evidence can be dismissed without evidence.