20220427.07 The World Is Back on a War Footing and We’ll All Pay the Price reason.com/2022/04/2…

… mourning the resurgence of militarism and the fading of the environment of peace and prosperity:

“The speed of poverty alleviation in the last 25 years has been historically unprecedented,” Alexander Hammond of Britain’s Institute of Economic Affairs wrote in the happier year of 2017. “Not only is the proportion of people in poverty at a record low, but, in spite of adding 2 billion to the planet’s population, the overall number of people living in extreme poverty has fallen too.” He added: “The new age of globalization, which started around 1980, saw the developing world enter the global economy and resulted in the largest escape from poverty ever recorded.”