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by WalterBright 1402 days ago
> undoubtedly you'll consider leftist propaganda

Leftists always mis-attribute the causes of prosperity. The wikipedia article cites causes that are commonplace in other countries that had no miracle.

https://en.wikipedia.org/wiki/Japanese_economic_miracle

Leftist economies have never experienced an economic miracle in any country.

East Germany, for example (compared with West Germany).

1 comments

Nobody here is arguing a fully socialist command-and-control economy is a better choice.

But you haven't made any sort of case that the German or Japanese "miracles" were largely due to raw unrestrained capitalism. There are way too many factors that made those particular countries special cases at the time to pinpoint all the primary causes, let alone tease out various secondary factors some of which probably tempered rather than accelerated growth.