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by skhunted
828 days ago
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Hard to claim to have implemented a system before a word for that system was invented. Small groups of people were wildly successful in implementing the idea of shared ownership/responsibility way before the word communism was invented. Lots of large societies had systems of governance where the vast majority of the economic system was free of government control/safeguards and where the value of the currency was not controlled by the government. As societies grew larger/complicated and concentrated more in urban areas people became aware that government intervention was a good thing if done properly. As with all things if done badly then the intervention is not a good thing. |
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You said "pretty much every country" had implemented them, and the name has been around for well over a century, it's actually one of the older active schools of Economics these days, we have hundreds of countries and many more in recent history and none of them have claimed to have implemented Austrian Economics? The comparison remains total nonsense.