This is a particular fallacy called post hoc ergo propter hoc. It means "after that, therefore, because of that." Just because absolute poverty has been reduced after capitalism it doesn't mean capitalism is the cause or the only cause for this. We can see this fallacy in the Nicholas Cage/drowning victims correlation: http://tylervigen.com/view_correlation?id=359
Sorry for the late update. I'm in the middle of a move and this might be the last update until September. Sorry.
Thanks for reading. Follow me on twitter: https://twitter.com/danyelldraws. Also, I have a portfolio now where I have other comics (some of them are even funny or at least amusing): https://www.behance.net/danyelldraws
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