Re:Philips and the Death of Europe's Last Electronics Giant ...
by scottLobster on Monday March 13, 2023 @12:25PM
(#35137970)
You're confusing cause and effect. The West is defined by embracing enlightenment values, democracy, and capitalism. The "East" is defined as those powers that embraced authoritarian rule and communism.
For a while there was legit economic competition, Soviet GDP outpaced the US for a time in the 50s, but eventually the economies of scale and efficiency produced by the capitalist West out-competed the Soviets and won the Cold War.
For a while there was legit economic competition, Soviet GDP outpaced the US for a time in the 50s, but eventually the economies of scale and efficiency produced by the capitalist West out-competed the Soviets and won the Cold War.
Saudi Arabia is rich, it is not "Western"