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by yongjik
615 days ago
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I'm no fan of communism but that's a reductive take. China of today is communist in name only, but it's still very centrally managed, and that didn't stop China from becoming a global economic superpower. One could say something similar for Japan of the early 20th century, or, to a lesser extent, South Korea in the 60s when the economy was very much centrally planned under a dictator. |
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