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Breaking economic principles down to a level so basic that they are meaningless.
Quote:
Originally posted by Spanky
We supported right wing dictators in Taiwan, Chile, Singapore, South Korea, Thailand, Malaysia etc. The bottom fifth of the populaiton is better off in these countrys than almost the entire populations of surrounding countrys. Vietnam, Laos, Cambodia and Burma are by far the poorest countrys in East Asia. South Vietnam since the end of the Vietnam war has almost not grown at all (its per capital income is $390 a year). The same is true of North Korea. Where South Korea, Japan and Germnay all had significant growth rates after they were wiped out by war. If Vietnam had a right wing dictator like South Korea, Singapore, Thailand, Malaysia, after the war, isn't it pretty safe to say that the Vietnamese people would be a lot better off ?
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You got me there -- how did you know I was really trying to defend Stalinist economies?
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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