Re:Huawei Manages to Make Smartphones Without American Chips
by yorwba on Sunday December 01, 2019 @08:32PM
(#21679202)
> Look at Spain's economy, how it is transformed after Franco died and the fascist regime is removed and the country opens up, gets less centralized.
The graph shoots up in 1960 and slows down in 1975. Franco died in 1975, so your assumption that fascism and central planning hurt the economy is contradicted by the data.
If Wikipedia is to be believed, the actual cause was that the old central planners were replaced by new ones who were actually competent and made policies to support industrialization: https://en.wikipedia.org/wiki/Spanish_miracle
The graph shoots up in 1960 and slows down in 1975. Franco died in 1975, so your assumption that fascism and central planning hurt the economy is contradicted by the data.
If Wikipedia is to be believed, the actual cause was that the old central planners were replaced by new ones who were actually competent and made policies to support industrialization: https://en.wikipedia.org/wiki/Spanish_miracle