this post was submitted on 23 Jul 2023
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Showerthoughts

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I can't really think of a reason for that as Reddit is hated somewhat equally by "both" sides of the spectrum. It's just something I find interesting.

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[โ€“] [email protected] 3 points 1 year ago (1 children)

Some people tried to replace capitalism with a totally different system and it went real bad real fast. This wasn't an isolated incident. They tried it in a bunch of places and in none of them did it work.

What examples are you thinking of?

[โ€“] YourHuckleberry 1 points 1 year ago

China, North Korea, Russia, Vietnam, Cuba. Every single time, the state becomes authoritarian and repressive, ignoring human rights, starving and imprisoning huge populations. Eventually it either fails, or the state keeps the authoritarianism, but gets rid of the communism. Look at China and Vietnam. They've transitioned to a mostly market based economy, but kept the authoritarianism.

These are examples of everyone starving because centrally planned economies are a bad idea.

Russia

China

North Korea