Because access to capital in order to produce new betterments & scale rapidly to meet demand is what allows objectively improved living standards —lighting, refrigeration, cheap food, web access, etc. Low-income US citizens live better than monarchs just a few hundred years ago
I say "large-but-dwindling" because these betterments have lifted an astounding proportion of the world population out of extreme poverty, but there are still hundreds of millions of people there & that's completely unacceptable https://ourworldindata.org/extreme-poverty pic.twitter.com/BHiZxtWzUJ
