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nradov 2 hours ago

As I stated above, economic central planning can never work over the long term. The USSR didn't last very long, and it turns out that most of their economic statistics were fake anyway. Communists always lie about everything.

China still doesn't exert much power in world affairs. And their economic successes over the past few decades have come about by embracing free market principles. The stuff they tried to centrally plan has largely failed.

krainboltgreene 18 minutes ago | parent [-]

Literally no expert believes the USSR fell because of economic central planning. It is truly absurd to look at a 60 historic industrialization and urbanization and see "failure" in the long term.

> China still doesn't exert much power in world affairs.

So true, king.