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The world's most economically successful and secure states today (China and Russia) would best be described as fascist or nationalist. The socialist states of W
by temphn 15y ago
The world's most economically successful and secure states today (China and Russia) would best be described as fascist or nationalist. The socialist states of Western Europe and the mixed economy of the US are in debt up to their eyeballs and careening through a series of financial crises.
So it will be interesting if in a few years, people start calling themselves unrepentant fascists. Probably the word itself won't be rehabilitated, but you may see more and more people declaring that the Chinese and Russian states provide a better business model than the failed American and European models.
- mtts 15y agoChina economically successful? Ok, I can see that. Elevating 300 million people out of poverty into the middle class is nothing to sneeze at, even if it still leaves 800 million (or so) in desperation. But Russia? Sure, its GDP is impressive, but the vast majority of that is "produced" by oligarchs that are peddling out the country's natural resources without anyone else benefitting. It's a thief-ocracry that makes fascist Italy, Franco Spain and Samoza Portugal look like paradise.