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Is poverty necessary to sustain capitalism?

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We live in a world where extreme poverty is slowly being eradicated while wealth inequality increases. Economists argue that inequality is a by-product of a growing economy that is lifting communities out of poverty.

Some argue that everyone is poor in this world; even the second richest person is poorer than the richest person. That is because of the desire to be the richest person that only capitalism can provide until his biological death!

What do you believe, whether poverty is necessary to sustain capitalism?


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Written by Darren Silverman