Journalist Philip Coggan has pointed out that –
In 1940, 20% of US homes had no electric light.
In 1940, 30% of US homes had no running water.
In 1800, 85% of the world lived in absolute poverty.
In 1800, no country had a life expectancy of over 40.
More: The 10,000-Year Rise of the World Economy by Philip Coggan.
‘Monopolists’ Brin and Bezos.
Coggan supports Adam Smith who wrote that a liberal economic order is to be protected at all costs from the partisans of monopoly.
Of course there are problems today – such as the instability of global finance.
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Video on the New World order – 2012.
In 1800, the population of Java was 1 million.
Today the population of Java is over 100 million.
Life has got better on Java.
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Java, Indonesia.
The main problems on Java include –