AlexM comments on Smart, (young), ambitious and clueless -- what to do to maximize goodness? - Less Wrong

6 Post author: Caesium 14 July 2011 04:06PM

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Comment author: AlexM 16 July 2011 07:40:39PM -1 points [-]

If China is moderate capitalism, one shudders how would extreme one looks like...

Comment author: Torben 17 July 2011 09:43:17AM *  -1 points [-]

Well, moderate as in they don't have rule of law etc. What I meant to say was that even this level of capitalism has worked wonders in dragging hundreds of millions of people out of poverty. Contrary to decades of Western foreign aid.