Re:China overtakes U.S. for healthy lifespan: WHO data
by oblio on Thursday May 31, 2018 @08:21AM
(#17195741)
> Makes one wonder about the power of free markets in lifting huge segments of the population from immense poverty.
One would argue that it was a market economy with heavy state interventions. I'm not sure I'd call that a "free market".
But then again, I think a "free market" is a purely theoretical concept that only serves as a rough outline in real life, it has no practical application.
Re:China overtakes U.S. for healthy lifespan: WHO data
by eitally on Thursday May 31, 2018 @08:43AM
(#17195840)
I think that was the point. It has absolutely not been a free market (compared-ish to the US economy) and overall it's worked wonders at the macro level, whether you're looking at QoL, infrastructure, business conditions, education, or most other measures I can think of besides privacy and human rights.
Re:China overtakes U.S. for healthy lifespan: WHO data
by boomboomsubban on Thursday May 31, 2018 @07:29AM
(#17195520)
If you look at that list, you could also argue the free market caused the death of around a hundred million people.
[0] https://en.wikipedia.org/wiki/List_of_famines_in_China [1] http://www.sacu.org/greatleapfamine.html