Burgerman wrote:And the latest country to allow totally uncontrolled capitalism appears to have gone from poverty to massive expansion, with plenty of signs of overtaking the USA in about 10 years... China. All controls were removed and things were left pure.
It works beautifully... Its new, will need some controls, and has problems, but billions are no longer in the desperate poverty that they were.
Want to be poor, go broke? Then dilute capitalism, add too many controls. And if not, do as china... Or Hong Kong...
Check out east/west Germany differences after the war too...
Socialism is fair, everyone is poor.
Capitalism is unfair, but the poorest are as rich as the average in a socialist country or better. More people eat and suffer less.
You got that 10 years forecast right - if anyone had said that in the 70's they would have been mocked.
LC