"The evidence reviewed here suggests that, where poverty has declined, it was not capitalism but rather progressive social movements and public policies, arising in the mid-20th century, that freed people from deprivation."
https://www.sciencedirect.com/science/article/pii/S0305750X22002169
5) Did the rise of capitalism reduce extreme poverty? Apparently not. Empirical data shows capitalist expansion from the 16th c was associated with a decline in human welfare. Progress began around the 20th c, with the rise of radical social movements. https://www.sciencedirect.com/science/article/pii/S0305750X22002169
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