Well, the concepts of regulated free markets, free trade between nations, and generally free immigration have created the single largest increase in human living standards in history.
That's a good point. It'd be useful if the US could raise it's game for it's citizens, and let them participate in that too. :)
Now, as much as we can’t consider China’s success without considering the lack of freedoms inscribed within the communist social pact, we can’t take just the good of American capitalism by only using gdp or trade volume as an indicator, because - again - inequality and lack of basic human needs and life safety wouldn’t be included.
Reference: https://www.worldbank.org/en/news/press-release/2022/04/01/l...
All did it in the 1980s - 40 years ago. All did it without oppressive communism.
>Check your perspective.
>All did it in the 1980s - 40 years ago. All did it without oppressive communism.
Japan industrialized long before 1980 and all the countries listed have miniscule populations compared to China. The only country you can really attempt to compare to China's scale is India but good luck landing the same poverty alleviation conclusions.