Since 1965 [....] the richest fifth of the world's population increased its average income by 75 percent. For the poorest fifth of the world's popula… - Johan Norberg

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Since 1965 [....] the richest fifth of the world's population increased its average income by 75 percent. For the poorest fifth of the world's population, the increase has been faster still, with average incomes more than doubling during the same period.

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About Johan Norberg

Johan Norberg (born 1973) is a Swedish writer devoted to promoting globalisation and individual liberty.

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Additional quotes by Johan Norberg

In the affluent world we have had capitalism in one form or another for a couple of centuries. That is how countries of the West became "the affluent world." Capitalism has given people both the liberty and the incentive to create, produce, and trade, thereby generating preosperity.

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Is the problem here lack of access to clean water? No. Is it starvation? No. Is it laziness? Definitely not. No, it's poverty due to lack of growth, due to lack of reform. Everything else is just a symptom of that. In fact, even the biggest horrors - famine and war - have political causes. No democracy has ever been afflicted by a famine, and no two democracies have ever made war on each other.
Africa has been subjected by socialism, gangster rule and protectionism. Africa has not been too globalized; it has been too marginalized.

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