Quote:
Originally Posted by crinolynne
I am not so certain about that - the horrors and injustices of the 18th century are glossed over. If free market capitalism were actually market driven and free, but power concentrates and greed and unenlightened self-interest destroys what we think might be natural and good.
State communism dragged a feudal society from 200-300 years ago forward in 50 years. There are theocracies today which still haven't made it to 1900.
I with you on the mixed concept, but wouldn't underestimate how fragile it is.
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When you contemplate the huge number of deaths in the 1930s under Stalin and Beria, and the death toll of the so-called Cultural Revolution in China between 1962 and 1976, you have to wonder whether this was absolutely necessary, even as an antidote to feudalism and backwardness. Capitalism has inbuilt mechanisms to correct and punish economic mismanagement, whereas Communism tended to praise and reward stupidity.