bripat9643
Diamond Member
- Apr 1, 2011
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'Works' for what? If you're talking about productivity and national efficiency, I'd say socialism can work pretty well, especially if backed up by strong nationalistic fascism.
Examples?
China's doing pretty well about now. Nazi Germany had things cranking there for awhile. Don't get me wrong, I'd never wanna live under such a regime, but if the only concern is keeping everyone marching forward, there's no reason soclialism can't work. As long as no one gives a shit about silly luxuries like individual liberty.
Nazi Germany's economy was not growing very fast. It had low unemployment only because the government used make-work projects to sop up all the people who couldn't get a job in the private sector.
China has adopted the institutions of private property and the market economy. It's not "socialist" any more than the United States is socialist. China's growth is the result of liberalizing its economy. Underdeveloped countries can always grow faster than developed countries because they don't have to develop new technology to increase their productivity. All they have to do is adopt the technology that the developed countries have already invented.