How do you guys refute the "capitalism lifts people out of poverty" argument...

It can, I mean the most successful economic model to date is probably a mixture of state and private capitalism plus fucktons of social democracy. Deng was right all along.

As far as the stats shown that suggest large numbers of people being lifted out of extreme poverty, there are two things to note.

A) A really really really big chunk of that is basically entirely India and China, which have adopted the model I mentioned above.

B) The definition used by the world bank of "extreme poverty" is $2 a day in income. Ignoring all the shit about quality of life and non-monetary income for a minute, $2 per day is not a subsistence wage. Low estimates of a living wage put it around $1.70 per HOUR, and thats considered a living wage in some of the poorest countries in the world, so it doesn't even compare to living wages in developed countries. If an average work day is 10 hours then a living daily wage is more like $17, and the vast majority of the population is well below this. 70% make less than $10 a day.

Silicon Valley, just look at how bad the problems of inequality are there and the homeless ppl problem.

Wherever there is great wealth, there is also going to be great poverty. This is an axiom… not just an opinion.

Capitalism perpetrates FAKE poverty. That's the problem, despite the means to profit, technical advances and free market advantages. The system perpetrates artificial pseudo-poverty on arbitral level

It creates profit but at the cost of gross wealth disparity; just look at where the profits go. It does lead to technical innovation and such and does raise the standard of living, but only for a short time before the system devolves into a self-sustaining spectacle. In modern, "advanced" post-industrial capitalist societies, it actually CREATES poverty. I'd say the only reason why it helps those in poverty at all are because we have laws and taxes that redistribute this wealth in some manner or offset the disparity (e.g., minimum wage), it is most definitely not a function of capitalism itself and nothing that couldn't be served better through socialist means. Recently, a city near me set up some worker cooperatives simply so at-risk locals could survive the sudden increased living costs due to gentrification; they would have no chance otherwise as most are undocumented.

thenextrecession.wordpress.com/2017/04/05/bill-gates-and-4bn-in-poverty/
aljazeera.com/indepth/opinion/2014/08/exposing-great-poverty-reductio-201481211590729809.html
Honestly, it's been debunked so thoroughly that it makes me wonder if Holla Forums is capable of learning anything.

This. Read Wage Labour and Capital to start. The faster capital accumulates, the bigger and more frequent the breadcrumbs come to the proles. This simultaneously widens the gap between the capitalists and laborers, though, because the growth of their wealth outpaces the increase of any facet of the compensation the wage-laborer receives.

You spooked as shit mane. Stop drinking the Kool-Aid(tm) for a second. There is absolutely nothing that dictates that wealth should move in that manner other than the fact that it is coded into capitalism itself which is indeed a problem.

To use your silly metaphor, capitalism is like a lava lamp where the liquid stretches itself thin until a tiny few spheres float to the top and the rest sinks to the bottom, clogging and leaking and then catching on the bulb and causing a fire that burns down your house.

We are waiting for the house to burn down.

It does lift people out of poverty.

The problem is that it drags them back in again immediately after.

When we say capitalism reduced poverty, we are talking about its early stages, after the transition from feudalism. Capitalism, for all its contradictions and repeated failures, is still much more cogent than its predecessors.

We are in its late stage, which neoliberalism is the prime indicator of.

yeah because poverty never existed before capitalism

Deng unironically was right. The CCP's decision to build wealth and increase quality of life while keeping state control of the economy has been highly effective. The only problems with this model are 1. It still has a bunch of the capitalist symptoms, ie consumer culture, alienation, exploitation, and 2. it requires a bureaucracy that is both extremely difficult to control and very susceptible to corruption.

Now, I don't think this is really a good alternative to capitalism, because like social democracy, it mostly just puts a nice face on capitalism. That being said, it's important to make this distinction when people talk about """capitalism""" lifting people out of poverty.

You guys are spooked as fuck. You don't need some specifically laid out socio-economic ideology dating back to the 18th century to accumulate the material basis for socialism. Just build the fucking factory. The machines won't go faster just because they are privately owned.

Point at any random bum. Seriously, there's a continent full of them.

Temporarily. All the porkies that come and bring their capital and hire you do that to steal from you. Exploit resources, collect interest, manipulate property so you cant afford anything. And when they squeeze everything, youre left with nothing.

Jesus that is horrible, no improvement in global hunger in 40 years

The fact that things improve under a system is not an argument for the system.
youtube.com/watch?v=W6QAqU2KpaY

The only thing I know about the game is that the dev is from Venezuela because on every thread I saw there is a "muh venezuela is a evil commie country" faggot.
And that there is a loli sexbot.

Depends on who you ask. I'd call anyone operating within the limits of a society with infrastructures such as freeways, public advertisements, and strip malls empoverished. Poverty to me is looking down upon the people who serve you, and still sharing the same roads and public facilities with them.
Wealthy are those who can give from abundance, which only comes when one rejects the very notion of money, as it is an instrument of ego alone, and can settle their minds. Every beggar wants to give the gift of a million dollars, but he has nothing. Peace lies in contentment, peace, brotherhood and wisdom are the only treasures of any value.