As for living standards, only the most historically ignorant would deny that it hasn’t raised them. Unfortunately it doesn’t stop the whingers in the comments section from claiming they’ve suddenly found themselves back in Dickensian Britain. It would help if they’d read Dickens, of course. Crucially, however, the purpose of capitalism is simple and easy to understand – obviously too easy for the sophisticated minds of Orr and her ilk: it’s to make profits for the shareholders and business owners.
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