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RT CrossTalk July 13, 2024

See you know we hear you know depending on what side of the political aisle you are you know how well the economy is doing well its doing really well for rich people and that is undeniable when it goes a little bit further down i think its a lot more nuanced than the talking points that you hear on c. N. N. Or fox go ahead alexandra. I think i think youre right peter its always more nuanced than that the talking points from here on fox but i mean adam smith himself wasnt naive and he recognized he wrote in his wealth of nations about the that that that free markets would produce inequality he wrote for everyone rich men there will be 500. 00 poor and right but for him the universal opulence that free markets would produce was worth was worth it and we see that empirically objectively that that capitalism has has done a lot of good and reducing global poverty the number of times it was all those who live on a dollar a day has reduced by 80 percent in the. Last 3 and a half decades and s ....

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