Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Tuesday 05/03/2024, 15:49:59

30/11/2004 11:02:20 am
The World Gets Better, Part IV. In the year 1900, a mere 10-15 per cent of the earth′s population were part of the money-based formal economy. Global GDP was about 1100 billion dollars. In 1950, about 25 per cent (then some 500 million people) were part of the formal economy and GDP was about 4000 billion dollars. In 2000, more than 50 per cent of the total population were part of the global economy and GDP was 42 000 billion dollars. All according to the World Bank.
Time to repeat some basic truths:
1. As market economy spreads, the world gets richer.
2. Of course those pepople who are not part of the global economy have poor living standards, but that is an argument for more global capitalism, not less.
3. Everyone can win at the same time. When one gets rich, it doesn′t mean that another person gets poor. The global economy is growing.

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