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For every example you can find where state created something there are countless examples where the private sector created something else if not better, eg. car
by soheil 5y ago
For every example you can find where state created something there are countless examples where the private sector created something else if not better, eg. cars, electric grid, gas/oil drilling, penicillin and pharmaceutical industry. And no China is not a good example of a state run country, for all practical purposes it's a capitalistic country except when it comes to societal issues. Soviet Union is what I think you had in mind but I guess that example stopped being so "glaring" when communism brought its demise.
- warner_of_doom 5y agoDid you even read the first line I typed? He is not saying that the private enterprise does nothing. Neither am I. Private enterprise can and does drive innovation, cost-reduction, commercialization, etc. And, China does not count as "developed far east". Though, it is telling that a nation-state without what we consider "democracy" managed to reach $10k/capita while many other "democratic"/"free market" states have failed to do the same. Japan, S. Korea, Taiwan, and Singapore do count as "developed far east". They are replete with examples of globally-leading industries promoted by state subsidies and direction. And, why are we even discussing communism here? That's your worthless strawman argument technique. His point and my point is about the kick-away-the-ladder style "free trade" and "free market capitalism" we push on developing countries. Not everything is about communism. Knew I was discussing with a numbnuts as soon as I read that. Continue to pontificate by yourself here. :-D
- Iamadog19782364 5y agoWe never really ask developing countries... If they want to be developed, do we?