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5 innovations that fight poverty
5 innovations that fight poverty
Oct 11, 2024 10:22 AM

“Billions of souls have been able to pull themselves out of poverty,” says Arthur Brooks, “thanks to five incredible innovations: globalization, free trade, property rights, the rule of law and entrepreneurship.”

By the way, these five things were all made possible by the historically anomalous peace after World War II that resulted from America’s global diplomatic and military presence.

When I was a kid, when we Americans saw the world’s poor, they saw us, too. We saw their poverty; they saw our freedom and our prosperity. They threw off the chains of poverty and tyranny by copying our American ways. It was the free-enterprise system that not only attracted millions of the world’s poor to our shores and gave them lives of dignity, but also empowered billions more to pull themselves out of poverty worldwide.

The ideals of free enterprise and global leadership, central to American conservatism, are responsible for the greatest reduction in human misery since mankind began its long climb from the swamp to the stars.

Read more . . .

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