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Re:The lessons from America’s astonishing economic record by ido on Monday April 17, 2023 @01:04AM (#35597020)
And of course the biggest (in scale) economic success story of our time is China the last couple decades - which is not a democracy at all as well as having massive government intervention and ownership.
Re:The lessons from America’s astonishing economic record by HDThoreaun on Monday April 17, 2023 @10:53AM (#35601673)
China was an economic backwater until they implemented free markets. The Chinese miracle is probably the biggest and most obvious example of how important free markets are to growth.
Re:The lessons from America’s astonishing economic record by ido on Monday April 17, 2023 @01:10PM (#35603621)
Not just free market, and not completely free markets (there’s a lot of government regulation, intervention and ownership). More specifically they followed Singapore’s model.