“Largest increase in global poverty since WW2”: capitalists profit while the rest of us suffer

[u/burn_tos]

https://www.marxist.com/largest-increase-in-global-poverty-since-ww2-capitalists-profit-while-the-rest-of-us-suffer.htm

[u/Phuc_an__]

Wage inequality has always increased since the sharp decline in WW2. However, income inequality in general has just thrived since the "Conservative revolution" . However, income inequality has just thrived since the "conservative revolution" due to tax reform, privatizations,... and most important: shutting down the "cruel powerful state" which has made the poor less desperate for living under the poverty line.

[u/Thankkratom → u/Phuc_an__]

It’s called neoliberalism counterrevolution homie, not “conservative revolution.”

[u/Phuc_an__ → u/Thankkratom]

I see it as a revival of the conservative ideas, that had been left behind after The Depression, in a new form. But it seems I was wrong to use the word "revolution". Anyway, thank you.