Jason Hickel in The Guardian:
Last week, as world leaders and business elites arrived in Davos for the World Economic Forum, Bill Gates tweeted an infographic to his 46 million followers showing that the world has been getting better and better. “This is one of my favourite infographics,” he wrote. “A lot of people underestimate just how much life has improved over the past two centuries.”
Of the six graphs – developed by Max Roser of Our World in Data – the first has attracted the most attention by far. It shows that the proportion of people living in poverty has declined from 94% in 1820 to only 10% today. The claim is simple and compelling. And it’s not just Gates who’s grabbed on to it. These figures have been trotted out in the past year by everyone from Steven Pinker to Nick Kristof and much of the rest of the Davos set to argue that the global extension of free-market capitalism has been great for everyone. Pinker and Gates have gone even further, saying we shouldn’t complain about rising inequality when the very forces that deliver such immense wealth to the richest are also eradicating poverty before our very eyes.
It’s a powerful narrative. And it’s completely wrong.