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Why does globalisation automatically deserve credit for progress in two major economies with the most government planning? Have evaluated alternative hypothese
by ClumsyPilot 4y ago
Why does globalisation automatically deserve credit for progress in two major economies with the most government planning?
Have evaluated alternative hypotheses?
Maybe Education or Scientific Literacy or something else deserves this credit.
- anuvrat1 4y agoIt's quite easy to see, the early growth is hard carried by export of manufacturing from China and services from India. Yes, you can say, this wouldn't be possible without Chinese government infrastructure and incentives push and Indian government early push for premiere education, but that would have been useless without customers that are global markets.
- cuteboy19 4y agoThe Indian attempt at Central planning was a disaster. We are here precisely because it was abolished https://en.m.wikipedia.org/wiki/Licence_Raj https://en.m.wikipedia.org/wiki/Licence_Raj
- jojobas 4y agoBecause they essentially exported their poverty to the first world.
- bergenty 4y agoPoverty in the first world isn’t real poverty.
- ausudhz 4y agoor probably the first world was stealing their assets (natural resources) while exporting disgrace (weapons, drugs)? You should read a bit more so you'd know for example what the opium wars have done to China and what the colonialism has done to India (both perpetrated by the same first world country) Historically India and China were always the wealthiest (up to the second industrial revolution) regions out there (as in the concept of India and China as we know now are post world war II) What we are actually seeing today is a rebalancing of wealth that is pretty much needed so that in the US a person would need to have just 1 vacation instead of 3, while in India someone can put some food in their table and allow their kids to go to college.
- jojobas 4y agoSure, let's justify a modern disaster by a past one. First world's wealth of the 20th century had nothing to do with India's or China's misfortunes of yesteryear, European/US de-industrialization and poverty is 100% globalization-inflicted.
- ausudhz 4y agoSo was the right thing to engage in wars in Asia and colonize 2/3 of the world? You've no idea of what these actions have done long term for the countries. Those things are pretty relevant since India form example gained his independence around 70 years ago, not 4 century And clearly you never read any history book
- saiya-jin 4y agoYou are wrong in both your posts, colonialism literally raped every country and stole any wealth that was there to be stolen. Humans, animals, crops, minerals etc. You should travel around a world a bit especially in affected countries/continents, clearly this enlightening activity evaded you.
- ClumsyPilot 4y agoLets not blame other countries for our fucksups, half the income of western families goes to housing and thats noone's fault but ours
- koheripbal 4y agoIndian government planning??? Have you ever even been to India?