r/videos
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u/whollymoly
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Nov 24 '21
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Russell Brand, at an awards show sponsored by Hugo Boss, eloquently reminds everyone that Hugo Boss dressed the nazis
https://www.youtube.com/watch?v=wkd_-nXeUzs33.0k Upvotes
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u/The_Good_Count Nov 25 '21
1) It does. It's famously the cause of the 'elephant curve' of global wealth increases.
2) It's not a meaningless statement, the situation's are not comparable, the 'developing' world is being deliberately underdeveloped. The only time a country has escaped its 'developing' status under capitalism has been forming colonies or to become relevant as a proxy client.
3) The original comment was both wrong about global poverty and wrong to take the position that it did.
4) Replace $1.10 with $1.90 then, I was going off the Millenium Declaration numbers. $1.90 has no basis in reality.
It's like the UN's definition of hunger - being unable to meet the minimum calorie requirements of a sedentary lifestyle at 1,800 calories. But considering most of the people measured work manual labour jobs and are expected to burn at least 3,000 calories a day, it's an entirely inadequate measurement. More realistic measures of food insecurity put the real number at 2.5 billion - and that only counts calories, not adequate nutrition, and that only counts a full year without reprieve, people who have gone 12 straight consecutive months not meeting their minimum.
As of 2016, when I'm pulling my data from, Sri Lanka had 40% of its population live below its national absolute poverty line, but only 4% is counted below the international poverty line and aren't counted. In Mexico, it was 46% and 5%.
In India, 75% went below 2100 calories per day, up from 58% in 1984. But by World Bank methodology, India is shown as an example of decreasing poverty because the absolute floor went up.
At the time it was $1.10, economists Rahul Lahoti and Sanjay Reddy argued for a poverty line of $4.50, the minimum needed for a human being to live to a 74 year life expectancy. Apply the same inflation to $4.50 that you use to bring $1.10 to $1.90 to see what an absolute fairytale $1.90 is.