I'm getting a bit confused here but I thought there were two main schools of economics :
NeoClassical Consensus: developed by Adam Smith and where the market is free from the government. Also known as economic liberalism?
Keynesianism: developed by John Maynard Keynes and where the goverment...
Countries like China, India and Sub Suharan Africa would benefit greatly from wealth distribution and income equality. Once they can stand on their own two feet then we can use capitalism.
At what point does a poor country become a rich country?