Friday, May 1, 2009

A fascinating video.



Actually, the video is only scratches the surface. Gapminder is a visual learning tool. Ignore the 'gaps'; learn to play with the SWF file. One can select any country(s) and watch the changes in life expectancy vs. income level, over 200 years. You can clearly see that capitalism and free markets have improved the life expectancies of everyone in the world; those in the developed countries will live longer because they have the opportunity to purchase and use modern supplies. But the best news is that every country in the world now boasts overall life expectancies above 40 years, and enjoy incomes that are (nearly all) above $3000 per year.

The video's author is decrying the 'gaps'. I for one celebrate the excesses, because those with excesses tend to improve the rest. Take for example, China. Modern China embraces some facets of capitalism, see how they took off? That's because of Wal-Mart I think.

Thanks, Capitalism!

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