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> Almost every rich western country today behaved like China during their industrial revolution I'm not a historian so please correct me if I'm wrong but the U
by aianus 7y ago
> Almost every rich western country today behaved like China during their industrial revolution
I'm not a historian so please correct me if I'm wrong but the US gained independence, democracy, and the rule of law well before the industrial revolution. I'm pretty sure 90%+ of the population were still subsistence farmers back then.
Outside of the world wars I'm not sure the US ever practiced state capitalism either. They didn't even have a central bank until 1913.