Comment by hackyhacky
9 hours ago
For all of your rah-rah capitalist boosterism, you failed to address the actual content of my argument, which is that the reason during the last 50 years that the China has had decreasing poverty, while the US has had increasing poverty, has nothing to do with capitalism, and everything to do with restrictions on capitalism (or their absence).
As others have pointed out, that's a naïve and frankly incorrect reading of Chinese history, but it's also not something that can be addressed here.
It evidently can be addressed here, as you yourself mentioned. No one has yet pointed out to me why my reading is "naive and frankly incorrect," so feel free to be the first.
I listed the reforms upthread that you ignored.
All the reforms fit a capitalistic model, not just a free commerce model.
https://news.ycombinator.com/item?id=48231586
And of course, Mao's communism was very anti-capitalistic.
2 replies →