World Poverty: The Facts—World Poverty Statistics

The world poverty argument is something we hear quite often and in this video I provide the facts with world poverty statistics to prove why communist YouTuber, Hakim is completely wrong on his assertion that the rich have been getting richer and poor getting poorer. There is plentiful data out there that backs the evidence for this and it really only requires a simple understanding of the meaning of what defines wealth.

In my argument, I define wealth based around the material wealth, people's living conditions, life expectancy and even working hours. I contrast the difference between the 18th century in my argument to that of the life of average poor people today.

Whilst it is true to state that in certain parts across Africa there are poor people getting poorer, the purpose of this argument is 'world poverty' and overall, the number of people in extreme poverty since the 1970s as shown by the world poverty statistics, the facts prove that the number earning less than $1 per day in the extreme poverty bracket has dramatically decreased in unprecedented levels of the likes the world has never seen before.

World Poverty Reduction Sources:
• https://fee.org/articles/extreme-poverty-rates-plummet-under-capitalism/
• https://fee.org/articles/were-seeing-massive-reductions-in-global-poverty/
• https://ourworldindata.org/extreme-poverty
• https://fee.org/articles/what-most-americans-dont-know-about-extreme-poverty/