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Didn't China ( https://www.worldbank.org/en/news/press-release/2022/04/01/l... ) and the USSR ( https://borgenproject.org/tag/poverty-in-the-former-soviet-u... ) do similarly?
At least that's what comes up when you mention the problems that these countries have.
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Didn't China ( https://www.worldbank.org/en/news/press-release/2022/04/01/l... ) and the USSR ( https://borgenproject.org/tag/poverty-in-the-former-soviet-u... ) do similarly?
Same with USSR/Russia, post-communism.
I had a friend tell me the other day that I couldn't be anti-racist if I wasn't anti-capitalist, because capitalism is by inherently racist. Ever since 2018 or so it seems as if anti-capitalism has become part of the mainstream progressive Western viewpoint, while I don't remember that being the case in the 2000s. Are these views held around the world, or do I just have a very well-selected sample?
Also, it’s interestingly a huge black eye to the CCP: news of this Indian accomplishment will be censored in China, because it proves that nations can progress without forced-sterilization/-abortion/-1-child-policy/authoritarianism/ etc.
Earlier quoted context omitted.
Didn't China ( https://www.worldbank.org/en/news/press-release/2022/04/01/l... ) and the USSR ( https://borgenproject.org/tag/poverty-in-the-former-soviet-u... ) do similarly?
The millions dead in the Holodomor and the Great Leap forward certainly don't have any need for money anymore.
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[1] https://www.investopedia.com/terms/i/international-poverty-l...
[2] https://www.sciencedirect.com/science/article/pii/S0305750X2...
Earlier quoted context omitted.
Your second link refers to poverty being reduced after the fall of communism, when former Soviet states instituted capitalist reforms.
There was a massive drop in living standards in the former Soviet Union after the introduction of capitalism in the 90es. Average life expectancy dropped something like 10 years, corresponding to millions of dead.
that tends to happen when the government runs resources down to near-zero, forcing the new system to start from scratch.
had the conversion occurred earlier, when the USSR was still a reasonably successful state, I suspect it would have gone nicer.