Why dont socialist countries try to be capitalist like the worlds sole super power the United States?
I keep reading how the United States should adapt socialist polices of other first world countries.
Thats like saying the A student should copy off the C student.
Anonymous2021-04-02T23:55:42Z
China and Russia are very much capitalistic countries. Very rich Oligarchs and corporations make most of the decisions in these places. Their laws as just a sham. No one pays any attention to laws. Theirs or ours.
Many of them either have dictator leaders insisting that the people who live in these countries act in a socialist manner as they are easier to control this way. Also there are other countries that just believe that the ways things are run, when ran through a socialist lens jsut work better than they do via capitalism. Capitalism is fredom, and also inefficiency waiting to happen.
You know it's funny. Just 40 years ago, China was a socialist / communist country and they were incredibly poor.
Then China adopted Capitalism for most sectors of their economy and now over 80% of the population has been lifted out of poverty and they are a very strong country.
Capitalism works when allowed to. It's a very recent and present example. Why do so many ignore it?