Question: Many antipoverty activists in the developing world believe that what keeps incomes and living standards from rising as fast as they have in the developed

Many antipoverty activists in the developing world believe that what keeps incomes and living standards from rising as fast as they have in the developed world is an international conspiracy of bankers, corporations, governments, and other institutions allegedly bent on oppressing the masses in order to enrich themselves. Comment on this view.

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T he true culprit is neither a conspiracy nor a deficit of capital goods labor or other inputs neces... View full answer

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