4 ms·
Central planning in the USSR and China led to huge famines with millions of deaths. And you should check what happened in Germany after the WWII: one country,
by bprieto 12y ago
Central planning in the USSR and China led to huge famines with millions of deaths.
And you should check what happened in Germany after the WWII: one country, split in two, one with central planning, other with mostly free market. Guess what was the result 40 years later? Same thing for Korea: one country, split in two, one with central planning, other with free market. The free market country gets western standard of living, central planning gets poverty, stagnation and famine.