Death of Obama/Hillary's Socialism in Two Graphs

By DemocracyRules

This type of poster is familiar to us.  Many Socialists claim that we are experiencing a global "Crisis of Capitalism".  To Marx, "The real barrier of capitalist production is capital itself."  More than 150 years ago he was certain that  capitalism would destroy itself.

More than any other single image, the GDP graph below shows what has really happened since Marx/Engels wrote "The Communist Manifesto" (1848).  (click on the graph to enlarge it).  Time and time again, the Socialists' relentless predictions of an imminent Crisis of Capitalism have proved false.  Instead, since the beginning of the Industrial Revolution, a capitalist project, world GDP began to grow strongly, and it continues to rise exponentially.   

Reagan was right, wealth begets wealth. Scientific and technological change cause compounding economic growth.  More and more opportunity and wealth are created worldwide.  Thus, the graph shows the continuing miracle of capitalism.  World GDP per person did not measurably improve from 1 AD to 1000 AD.  But in the middle of the 1800's as the Industrial Revolution started, World GDP began to rise at a compounding rate.  In 2007,  world GDP growth was 5.2%.  That year Gross World Product was approximately $65.82 trillion.

But you might say, world GDP is growing, but so is population, maybe the poor are getting poorer?  Not so, according to this  graph.  Click to enlarge.  The graph is similar to the last one, showing a rapid rise in the last part of the graph.  But the rise is population growth.  The interesting thing is the size of the bubbles, which represent GDP per person.  The bubbles are getting bigger because GDP per person is increasing, reaching $6055 per person in year 2000.

Take that you silly Socialists.  Hillary and Obama have no excuse whatsoever to convert the USA into a Socialist state.  Worldwide, both the poor and the rich are better and better off because of capitalism.