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Capitalism is not incompatible with dictatorships. Pinochet is a common example, but also Nazi Germany had a working state capitalism, like China.
by legulere 6y ago
Capitalism is not incompatible with dictatorships. Pinochet is a common example, but also Nazi Germany had a working state capitalism, like China.
- toyg 6y agoNot structurally incompatible but typically suffering from stunted growth. Nazi Germany didn't go on enough to show its limits, but Franco's Spain or Pinochet's Chile struggled to grow until their strongman went away.