The world has made great progress in eradicating extreme poverty (Thank you free enterprise)

It’s no coincidence that poverty has dropped as markets have been more allowed to breathe – at least historically and globally speaking. Yet the siren song of statism still calls to people who don’t know better.

If one is for lifting people from poverty one must also be for free enterprise. It is a system that empowers people to make more of their lives and which provides a path to life beyond a peasant existence.

Crony capitalism by the way short circuits free enterprise and is really almost a form of feudalism which severely limits the way out of poverty as the state is controlled for the benefit of the “rulers.”

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Dollar General’s Startling Admission: Half Of U.S. Consumers Are Feeling More “Dire” Than Ever

SNAP is a strange animal. On the one hand it does help some people who are in very troubled circumstances. On another hand the program is also widely abused and everyone knows it. And on still another hand SNAP is big time crony capitalism with taxpayer money barely stopping in recipients accounts before being funneled to companies like Coca-Cola and General Mills.

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Language in Politics: How Bureaucrats Use Poorly Defined Terms to Expand Government Power (VIDEO)

This video only scratches the surface.

And it’s not exclusively government power that is expanded. Bureaucrats also use language to expand the crony capitalist system as a whole.

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Another Socialist Hellhole: Armed Gangs Are Taking Over Hospitals in Venezuela

Funny, the statists always warn that without big intrusive government societies go haywire. But we have seen over and over and over that this is simply not true. In fact where government has a light hand and the rule of law upheld the typical result is prosperity.

However what we also see over and over and over is that countries that embrace big government have a tendency over time to turn into hellholes. The Soviet Union,

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Why are Our Urban Areas so Dysfunctional? Truth is Some Politicians Want Their Constituents Trapped in Poverty

As we said in a recent video, there are many reasons why much of urban America is an economic wasteland. We site 2 main reasons however, big government, and cronyism.

Cities are often not very good places to do business. They are typically high tax high regulation zones. Cities often look at businesses as little more than revenue streams. And what can’t be extracted from business via taxes can be regulated out of businesses with laws.

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