“Thanks to the Communist Party of China, we now know the path to poverty alleviation is Capitalism.”

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In 1981, China counted for 43% of the world’s poor. In 2010, China accounted for 13% of the world’s poor. What changed within China? Capitalism.

“Thanks to the Communist Party of China, we now know the path to poverty alleviation is Capitalism.” – Fareed Zakaria

Watch this video to see the power of capitalism:

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About the author: Chris Spangle

Chris Spangle is a former radio producer, reporter, and Executive Director of the Libertarian Party of Indiana. He currently works in marketing in Indianapolis. He is the publisher and editor of We Are Libertarians, a news site and podcast that covers national and Indiana politics from the libertarian perspective.