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Comment by WalterBright

1 day ago

Do you really believe that lack of resources in S America meant lack of prosperity? It's still composed of third world countries.

> and may be the least important

It's the only common thread. I provided numerous examples that refute the requirements you listed.

> Japan

Japan's pre-war industrial economy was not an economic powerhouse. Their soldiers were very lightly equipped. They built a handful of capital ships, and when those where sunk they couldn't be replaced. Curtis LeMay resorted to area bombing of Japan because their heavy industry was a collection of homes with drill presses (LeMays' characterization) so there weren't concentrated industrial targets.

What's the excuse for S Korea, Taiwan, Hong Kong?

Have you noticed that when China gave up on collectivism and turned to free markets, suddenly they became a very prosperous world power?

Yes, people preferred to immigrate to the US. Why would that be? Because it is free market and hence a land of opportunity, unlike any place else at the time.

China has an enormous population, but did not become prosperous until, again, free markets.