3 ms·
> The Asian tiger are also a good example of sucessful central planning though Not really. I think people wastly exaturate the amount of central control becaus
by nickik 6y ago
> The Asian tiger are also a good example of sucessful central planning though
Not really. I think people wastly exaturate the amount of central control because that is what they want to focus on. People love to say things like 'look the government invested in X industry and that insutry is now successful'. Ignoring the tons and tons of wasted investment and industries that didn't go anywere. It also ignored the massive amount of success private companies had that didn't explicity been pushed by specific government planning.
The believe that Japan only has problems because of an aging population is also pretty false and was even more so in the early 1990s. I disagree that Japan blew past the West in most metrics, in some maybe but in others they are worse.