Two hundred years ago, an overwhelming 90% of human beings lived in conditions now classified as extreme poverty. Since the emergence of capitalism, this figure has dramatically decreased to just 9%. This remarkable transformation is a fact that deserves celebration and further study.
Curious minds often ponder how prosperity has replaced poverty in so many regions. The answer lies in the miracles of free enterprise. Antonella Marty eloquently explores this phenomenon in her important new book, highlighting how the profit motive fosters cooperation and innovation, ultimately satisfying human wants and needs.
Marty's work provides a compelling analysis of how capitalism has reshaped societies, offering insights into the mechanisms that drive economic growth and development. Her book is a must-read for anyone interested in understanding the forces behind the global reduction in poverty.