UNITED NATIONS — Without too much fanfare, the United Nations admits in its newest report on the progress of the so-called Millennium Development Goals that wealth creation and not wealth redistribution is the main driver behind reduced levels of extreme poverty around the world.
Of course, the UN, being an organization that spends most of its time chastising rich countries for not transferring enough money to the developing world — the total last year came to $128.7 billion, the highest ever — is not quite so explicit with its admission.
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