2 ms·
> Allende was a socialist, who believed in nationalization of means of production and central planning. We know very well where that leads in other countries.
by yongjik 9y ago
> Allende was a socialist, who believed in nationalization of means of production and central planning. We know very well where that leads in other countries.
Well, that's how Stalin's Soviet became an industrial power that could fend off Germany, and basically how South Korea rose economically under the dictatorship of Park Chung Hee (except that "nationalization of means of production" was changed to "give means of production to subservient businessmen who are rolling in the same bed as the government").
You can't predict a country's future by a few soundbites like "Is it central planning?": you immediately run into problems, like how do you even define central planning?