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China has succeeded so much by moving away from a planned economy when they were fully planned they were one of the poorest nations in the world. Most successf

China has succeeded so much by moving away from a planned economy when they were fully planned they were one of the poorest nations in the world. Most successful nations are mixed economies and yes, this is a settled question.

miyoji 20d ago
Past performance is no indication of future success. It doesn't matter what's been successful in the past, these things can change. Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was), then that changed and so did the narrative. None of this is settled, because it's a living system that changes over time. What may have been perfectly true in 1850 might not be remotely accurate in 2050.
- Kuxe 20d ago
  > Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was) According to whom?
  - nixon_why69 20d ago
    Soviet Russia and early communist China both went from mostly-illiterate peasant economies to mostly-literate, partially industrialized, with home-grown heavy industry and weapons technology in the span of like 15-20 years. Then the soviet system stagnated hard under Brezhnev while the Chinese pivoted under Deng. But those first gains definitely happened under full communism and no capitalist economy has modernized faster.
- wavemode 20d ago
  > Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was), then that changed The word you're looking for is "collapse". It's when something is stable at one point in time, but then later breaks down. That's what "changed". It wasn't random like weather or something. The economic systems collapsed. > None of this is settled The fact that it has happened numerous times in different parts of the world makes it pretty settled in my mind.
  - tcfhgj 20d ago
    wait until capitalism collapses
    - wavemode 19d ago
      Why do people arguing about communism always assume that the person they're arguing against thinks that capitalism is perfect. The world isn't binary.
deleted 20d ago
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fwip 20d ago
They were very poor before central planning, and the central planning is what got them from being very poor to relatively poor and economically powerful.
- edgyquant 20d ago
  This is objectively not the case, selling goods to America and Europe is what made China rich and that is due to a free market system they implemented
  - marcus_holmes 20d ago
    Only very partially free, though. The govt still has massive control over the markets, and especially the banks. They still plan a lot of their economy.

miyoji 20d ago

Past performance is no indication of future success. It doesn't matter what's been successful in the past, these things can change. Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was), then that changed and so did the narrative. None of this is settled, because it's a living system that changes over time. What may have been perfectly true in 1850 might not be remotely accurate in 2050.

Kuxe 20d ago
> Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was) According to whom?
- nixon_why69 20d ago
  Soviet Russia and early communist China both went from mostly-illiterate peasant economies to mostly-literate, partially industrialized, with home-grown heavy industry and weapons technology in the span of like 15-20 years. Then the soviet system stagnated hard under Brezhnev while the Chinese pivoted under Deng. But those first gains definitely happened under full communism and no capitalist economy has modernized faster.
wavemode 20d ago
> Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was), then that changed The word you're looking for is "collapse". It's when something is stable at one point in time, but then later breaks down. That's what "changed". It wasn't random like weather or something. The economic systems collapsed. > None of this is settled The fact that it has happened numerous times in different parts of the world makes it pretty settled in my mind.
- tcfhgj 20d ago
  wait until capitalism collapses
  - wavemode 19d ago
    Why do people arguing about communism always assume that the person they're arguing against thinks that capitalism is perfect. The world isn't binary.

deleted 20d ago

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fwip 20d ago

They were very poor before central planning, and the central planning is what got them from being very poor to relatively poor and economically powerful.

edgyquant 20d ago
This is objectively not the case, selling goods to America and Europe is what made China rich and that is due to a free market system they implemented
- marcus_holmes 20d ago
  Only very partially free, though. The govt still has massive control over the markets, and especially the banks. They still plan a lot of their economy.