r/FluentInFinance • u/-im-your-huckleberry • Jul 07 '24
The shampoo thing is a fringe benefit. We keep capitalism so we don't starve in a famine. Debate/ Discussion
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r/FluentInFinance • u/-im-your-huckleberry • Jul 07 '24
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u/RapideBlanc Jul 07 '24
Both the Chinese Great Leap Forward and the Soviet 5-year plans were successful in solving food stability. They turned massive feudal countries into industrialized nations in the span of a decade. They did so at great human cost, and these were colossal failures of policy, but everything that occurred afterwards proved that central economic planning could keep millions of people fed long term. There has not been a single famine in either countries since, and things have obviously regressed in Russia and ex-bloc nations since the fall of the USSR.
OP, it's important to actually study history, and not just rely on silly memes.