Message from @Timo)))
Discord ID: 333549463312531460
ahh, sorry
guess I came a little late to the convo anyway but I just joined 😛
it's mostly just me not wanting to read it that's the problem heh
tl;dr socialist countries started out poor and developed, capitalist countries were already rich before, Hong Kong and Singapore are city states and don't count
How come Japan turned into a richer country than China?
They were equally poor at around 1860
Same thing with Chile, how come they are the most wealthy latin country?
US sugardaddy
China was exploited by Western countries for centuries, also yes, U.S. support
US supported Pinochet but not with subsidies
Japan's industry today is based off of the Korean War
Fact is Chile adopted the free market approach
Japan became more wealthy than their neighbours because they dropped the isolationism and adopted the free market
simple as that
umm, no
Japan did not adopt a free market
Show me a country that improved greatly without millions suffering that didn't use the free market
Yes they did
they had intense protectionism
like the U.K. like the U.S., like Germany
no, in 1860
and after
they protected Japanese industry so it could compete with other countries
which is exactly what Germany did to develop
No that came even later still, and that's why they suffered in the 80s
before that they had the free market
and it's what the U.S. did as well
they had tariffs, they had government support of industries
Which is a bad idea
See India
which is a good idea
Terrible idea if you know anything about economics
also why the fuck are you even here?
you're an idiot libertarian
hardly left-wing
I never claimed to be left wing
Ran out of arguments or what?
this is literally how economies developed