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Japan was leveled to the ground by 1945. What’s the excuse for not having the same GDP per capita 80 years later? The curve became exponential way too late. A
by baxtr 9mo ago
Japan was leveled to the ground by 1945.
What’s the excuse for not having the same GDP per capita 80 years later?
The curve became exponential way too late. And only after they (partially) opened up.
- energy123 9mo agoThey went from 100% communism to 90% capitalism, then had exponential growth, and we are supposed to believe the growth was because of the residual 10% communism.
- baxtr 9mo agoExactly.
- direwolf20 9mo agoWhen comparing a growth rate between 90/10 and 100/0 the difference is apparently explained by the 10
- baxtr 9mo agoIt’s 100/0 and 10/90.
- direwolf20 9mo agoAmerica is 100/0 and China is 90/10. One of them is doing much better, and the difference is apparently explained by the 10.
- baxtr 9mo agoIf you are of the opinion that the people in China are living a better life we can stop the conversation. In that case we don't have any common ground for a fruitful discussion.
- bjourne 9mo agoJapan was an industrialized country even before WWII, China was not. Moreover, both Japan and China used protectionism to nurture domestic industries.