4 ms·
Yeah there is a little bit of irony versus the common narratives, though if you ask Google what type of economy these two countries are, it will tell you the Ne
by dahart 2mo ago
Yeah there is a little bit of irony versus the common narratives, though if you ask Google what type of economy these two countries are, it will tell you the Netherlands is a “social market economy” and China is a “socialist market economy” (and an example of “state capitalism”), at least since 1978 (~50 years). There is a difference between social and socialist in those terms, but both countries are still summarized as market economies…