World Poverty Rate Over Last Two Hundred Years

[WolfpackN64]

sc94597 said:

WolfpackN64 said:
Can't see the original picture. Anyway, the best metric for poverty would be GDP/PPP adjusted for both inflation and GINI. I can imagine the poverty rate declining because of the meteoric rise of China, but since China has become a very unequal society, the decline in poverty has largely stopped.

And South America, the Middle East, and Africa will be next (in that order.) India too, if they can ditch their bureaucracy. 

As for the GINI, this is a measurement of absolute poverty. I am still wondering why relative poverty matters? Especially when Western societies have a lot of social mobility. 

Western countries social mobility is much lower then most people suspect. Bureaucracy isn't the problem, the problem is a severe lack of redistribution and a lack of investment in poorer areas.