I see China building renewable energy capacity, and crazy fast trains, faster than the rest of the world combined.
I see Cuba, a tiny island nation, still independent after 64 years of brutal US sanctions.
I see Vietnam, a popular retirement destination for American ‘expats’.
I see Russia, being fairly shitty and also 100% capitalist for 25 years.
Hmm, seems like you may have been told a bunch of times that communism is bad but never really looked into it.
I see China starting to prosper as soon as they dropped the Communist economic model and opened up to capitalism, private ownership and free trade. I see Vietnam starting to do the same.
I see NK, a more developed nation than SK right after the war, very close to their communist allies and having the second biggest economy as trade partner and neighbor (USSR first, China now) now being irrelevant economically while you can’t even enter or exit the country freely. In the meanwhile SK managed to become a global power. Btw, what’s up with communist countries and not letting anyone enter or exit the country freely?
I see Vietnam, a popular retirement destination for American ‘expats’.
Pretty sure this has nothing to do with communism. Happens also in Indonesia or Thailand and has all to do with them being poor as fuck and the huge human trafficking business happening in those countries. And those “expats” are the worst of the worst scum on earth, trust me
The USA and the international institutions they control have done an impressive job making it look like open markets equals prosperity, but when you look just under the surface, a different picture emerges.
Vietnam, for example, was denied access to IMF loans, while trying to rebuild after an absolutely brutal war that basically set them back to the stone age. Only once they agreed to certain liberal reforms were they allowed access to the funds and resources they needed.
If you’re not really paying attention, it looks like you’re right.
China is extremely capitalist lmao
I’m not fucking defending capitalism or demonizing communism, it’s just never worked. I see absolutely zero reason to expect any difference if we tried it in the us
Nuh-uh, Xi pressed the big red communism button and now all the capitalism is gone!
[is joke, obviously that’s not how it works]
“It’s just never worked” is ignorant though. Every nation that has tried to dump capitalism has has successes and failures, and there are many factors that contribute to each. Economies are extremely complex and you simply can’t say anything intelligent without getting at least a bit more in-depth than “works/doesn’t work”.
China is Socialist with Chinese Characteristics, the CPC practices large and extensive levels of State Planning and the People’s Democracy structure means the Capitalists in China do not control nor guide the State.
Capitalism exists in China as a concession, it isn’t some fully Socialized state, but it is a transitional economy.
Read China Has Billionaires.
