Writing at libertarianism.org, Jason Kuznicki of the Cato Institute writes about American poor. The whole article is interesting, but I want to call attention to one particular quote:
The overwhelming majority of the poor in the United States enjoy technological wonders that didn’t even exist a few decades ago. Outside the free market/liberal democratic synthesis, essentially no other social system has ever delivered as much — because almost none of them can produce a steady stream of new technological innovations in the first place, let alone distribute them to the poor.
I suspect many will discount this quote by simply saying “sure we can buy more iPads, but not important stuff!” but I think it bares remembering that some of the technology referenced includes many household items, like dishwashers, washing machines, refrigerators, cars, clothing, food, education, and so on. “Technology” does not mean just gadgets.
The American poor are not poor by global standards (or even some other 1st World standards). They’ve gotten to this level of “poverty” through the technological achievements Kuznicki discusses.
H/T: Mark Perry