Thailand cave rescue: all 12 boys and coach successfully rescued

Re:Thailand cave rescue: all 12 boys and coach successfully ... by metiscus on Tuesday July 10, 2018 @12:13PM (#17499401)

We are at max depth but to address the perceived lack of a shred of capitalism in the USSR, I can't help but point to https://en.wikipedia.org/wiki/New_Economic_Policy which was espoused by Lenin himself and included a large component of free market capitalism. It was the efforts undertaken by Stalin in https://en.wikipedia.org/wiki/Collectivization_in_the_Soviet... and https://en.wikipedia.org/wiki/Dekulakization that saw the official state endorsement of capitalism expire. You can see what the effects of that were https://en.wikipedia.org/wiki/Economy_of_the_Soviet_Union#/m... and draw your own conclusions.

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Note that I thought this comment chain was at max reply depth, this comment was a reply to scotty79 not the parent.

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Re:Thailand cave rescue: all 12 boys and coach successfully ... by ChrisLomont on Tuesday July 10, 2018 @12:47PM (#17499804)

I agree there was some capitalism, as there is components of it in every economy. Similarly, every economy has mixtures of other systems in it. The issue is how much of the various systems an economy allows. Certainly Soviet Russia was not considered a capitalist system, whereas most of Western Europe and the US were during that period.

Your link provides a nice graph [1] showing that USSR and many countries that were capitalist had similar GDP per capita in 1913, but diverged wildly over the following years. I suspect academic has such a graph including more countries along with some rating of how the underlying economic system worked. It would be interesting to see that. I am aware of a decent amount of economic literature that does credit capitalism as a major force for pulling billions out of poverty.

Your page seems to back up my point, does it not?

https://en.wikipedia.org/wiki/File:Soviet_Union_USSR_GDP_per...

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Re:Thailand cave rescue: all 12 boys and coach successfully ... by metiscus on Tuesday July 10, 2018 @01:44PM (#17500441)

My reply was intended for the other person who replied to you. For some reason I did not see a reply button so I thought we were at max depth.

I believe that the graph does in fact support your conclusions.

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Re:Thailand cave rescue: all 12 boys and coach successfully ... by mercer on Wednesday July 11, 2018 @10:02AM (#17506940)

Can you recommend any good books on the subject?

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