this post was submitted on 28 Aug 2024
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I see China starting to prosper as soon as they dropped the Communist economic model and opened up to capitalism, private ownership and free trade. I see Vietnam starting to do the same.
I see NK, a more developed nation than SK right after the war, very close to their communist allies and having the second biggest economy as trade partner and neighbor (USSR first, China now) now being irrelevant economically while you can't even enter or exit the country freely. In the meanwhile SK managed to become a global power. Btw, what's up with communist countries and not letting anyone enter or exit the country freely?
Pretty sure this has nothing to do with communism. Happens also in Indonesia or Thailand and has all to do with them being poor as fuck and the huge human trafficking business happening in those countries. And those "expats" are the worst of the worst scum on earth, trust me
The USA and the international institutions they control have done an impressive job making it look like open markets equals prosperity, but when you look just under the surface, a different picture emerges.
Vietnam, for example, was denied access to IMF loans, while trying to rebuild after an absolutely brutal war that basically set them back to the stone age. Only once they agreed to certain liberal reforms were they allowed access to the funds and resources they needed.
If you're not really paying attention, it looks like you're right.