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Old 06-03-2005, 04:20 PM   #46
Spanky
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Join Date: Feb 2005
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Breaking economic principles down to a level so basic that they are meaningless.

Quote:
Originally posted by Tyrone Slothrop
You got me there -- how did you know I was really trying to defend Stalinist economies?
How about India? They have been democratic since Independance in 1948. There per capita income today is $450 a year. Pretty much the same as independance, thanks to their highly controlled economy. Do you think the people of Thailand, Singapore, South Korea, Chile, Malaysia, or Taiwan (most of these countrys had a lower GNP than India in 1948) would have been better off had they been under a socialist democracy like India, or did they actually benefit by having, often brutal, CIA supported right wing dictators?
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