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A standard way to measure poverty is to calculate what percentage of a country’s population lives on less than $2 per day, factoring in purchasing power parity. In three African countries — Burundi, Democratic Republic of the Congo, and Liberia — more than 90—percent of the population gets by on under $2 per day. The powerful not only control the social wealth, they also...

The results of such revolutions, however, were never the creation of a democratic, egalitarian, emancipatory alternative to capitalism. While revolutions in the name of socialism and communism did demonstrate that it was possible “to build a new world on the ashes of the old,” and in certain specific ways improved the material conditions of life of most people for a period of time, the...