&gt; <a href="http:&#x2F;&#x2F;www.un.org&#x2F;esa&#x2F;socdev&#x2F;rwss&#x2F;docs&#x2F;2010&#x2F;fullreport.pdf" rel="nofollow">http:&#x2F;&#x2F;www.un.org&#x2F;esa&#x2F;socdev&#x2F;rwss&#x2F;docs&#x2F;2010&#x2F;fullreport.pdf</a><p>Ugh. Don&#x27;t post things that you haven&#x27;t read as if they proved your point. You&#x27;ll find that the word &quot;capitalism&quot; is used 3 times in that PDF. Let&#x27;s grab those paragraphs, shall we?<p>&quot;Privatization has been a major part of Mongolia’s transition to capitalism. Its move to a market economy has been accompanied by increases in poverty and income inequality. More than 10 years after it began its transition, Mongolia remains one of the poorest countries in the world.&quot;<p>This being an example cutout within the following quote:<p>&quot;After reviewing the distributional impact of privatization activities involving utilities in a wide range of developing economies, principally in Africa and Latin America, Bayliss (2002) concluded that privatization had demonstrably harmed the poor, either through loss of employment and income, or through exclusion from, or reduced access to, basic services, as the result of private firms’ principal concern with profits, prices and costs. At the same time, weak governance and regulatory capacity in many developing countries led to poor control of market abuses by private utility companies.&quot;<p>The next two usages of the word capitalism is in the bibliography:<p>&quot;de Soto, Hernando (2000). <i>The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else</i>. New York: Basic Books.&quot;<p>&quot;Robbins, Richard H. (1999). Global Problems and the Culture of Capitalism. Boston: Allyn and Bacon, chap. 5 (“The problem of population growth”), pp. 147-178.&quot;<p>I&#x27;m not sure how the second citation feels about capitalism, but the first one certainly isn&#x27;t positive.<p>So no, your link doesn&#x27;t say much about capitalism, and what it does say is that capitalism <i>is not</i> pulling people out of poverty; on the contrary, it sounds like that document thinks capitalism is <i>causing</i> some poverty.