It really isn’t. I’m kind of fed up with people, who live at a time of unprecedented wealth freedom and opportunity, complaining how bad things are while the state of the world around them improves dramatically.
I was reading about poverty in the UK recently, the numbers are poor, but then I noticed that poverty is defined by a proportion of average wages. That means as wages go up, so does the poverty threshold. It turns out people in poverty in the UK now have double the spending power of those in the 1980s. I’m not saying poverty doesn’t exist, or that these people don’t need help. There are real issues of health, nutrition, opportunities and fairness. No question, but when someone compares poverty statistics over time, they’re not comparing the same things at all.
My wife is Chinese so I’ve seen the transformation there, where hundreds of millions of people have been elevated not just out of poverty, but into the urban middle class. Africa is undergoing a huge transformation. I’ve been lucky enough to do a lot of travelling going back to the 90s, so I’ve seen how much places have changed over the decades. It turns out individual economic and social freedoms, of property, labour, travel and association work. Give people opportunities and they build vibrant productive societies. I’ve watched them do it.