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Excellent point. If you look at China, they took a long time to get to a state where they could start developing reliably. Basically after the fall of the Monar
by pm90 9y ago
Excellent point. If you look at China, they took a long time to get to a state where they could start developing reliably. Basically after the fall of the Monarchy, there were revolution after revolution, until the Communist takeover. Even after, it took much later, until the rise of Deng Xiaoping, for development to actually take place. By that time, the State had effectively established itself as the Supreme political power (albeit a non-democratic one) which lead to the stability that allowed massive industrialization to take place rapidly, often with assistance from the State.