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They were (and mostly still are) heavily statist countries. "Capitalist" they were only if you would think about this word as a scale. Like North Korea being sl
by woodpanel 10y ago
They were (and mostly still are) heavily statist countries. "Capitalist" they were only if you would think about this word as a scale. Like North Korea being slightly capitalistic.
Those countries though lack attributes of classical capitalistic societies like
- proper ownership titles and their protection from third parties, including the state
- low barriers for market entry
- free(r) flow of capital, including across their borders
All of these were practically absent in those countries. Good luck establishing your broadcasting service being a christian/jew/<minority> and without connections to the feudal rulers/police/military.
Which capitalist society does employ it's military to produce basic goods, like milk?