Free Trade, Capitalism, And Poverty

According to this article, developing economies worldwide have had a devastating effect on poverty rates:

According to a recent study by the World Bank, 2004's growth reflected "an expansion without precedent over the past 30 years." Equally encouraging, the report notes that "the rapid growth of developing economies ... has produced a spectacular, if not historic, fall in poverty."

Devastating for the libs, at least. Because, as mentioned previously, they don't want poverty to go away. What on earth would we need them for? And why is it so hard to understand the old adage "Give a man a fish and feed him for a day. Teach a man to fish and feed him for life"? (or, as a t-shirt said "Teach a man to fish and he'll sit in a boat and drink beer all day"). Most people don't need aid, they just need economic opportunity. I've often said if you want to see what government assistance does to people, travel to New Mexico and see what it has done to the once-proud people that originally occupied this land. Giving aid to American Indians may assuage your guilt, but it is ultimately harmful. Just as overloading your children with stuff to assuage your guilt of putting them in daycare is harmful.