Earlier quoted context omitted.
> by raw number of people, non capitalist societies did this for more people. That's completely false. Please take your time to verify it, I hope that getting your facts straight will make you reconsider your position (and not get mad at facts). > The PRC indeed has opened their markets, and now has capital allocation issues - their initial chip development programs failed because of market viability issues, and for…
There's not much point in us each accusing the other of misrepresenting facts, as I'm about to do you. So instead, how about trying to answer the question that capitalism can't, within the confines of capitalist incentives - what do you do with people when your unemployment hits 26%? 50%? Dogmatism towards the current system blinds perspective. One could easily grant that capitalism was the best industrializing mecha…
No, getting our facts straight is more important than construed arguments and imaginary scenarios.