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[-] cfgaussian@lemmygrad.ml 52 points 9 months ago* (last edited 9 months ago)

China, Cuba, Vietnam, Venezuela, Belarus, DPRK, and if it is true that Russia is switching to a more state driven model then you can count Russia too because they are seeing a lot of growth with even more forecasted to come.

Meanwhile most of Europe is in recession, the US only has fake financialized growth, while the countries in the global south where the neoliberal model has been imposed are utter failures, just look at the disaster in Argentina.

You seem confused as to what the terms we are using actually mean since you speak of "command economies" rather than state led economies. State led does not mean absence of a market and it does not imply total economic planning. It means that the commanding heights of the economy are in the hands of the state which steers the overall direction of the economy. It does not have to look exactly like the USSR did, though that was a very successful model that was fit for the purpose of turning a backwards agrarian society into a modern industrial superpower.

And by the way, many of the advanced capitalist economies also got to where they are because in the past they employed state driven models of economic development as well as heavy protectionism. This is particularly true for Japan and occupied ("South") Korea, but also for European countries like Germany (the latter just did it earlier).

[-] sinovictorchan@lemmygrad.ml 9 points 9 months ago

The Pax Americana often rely on redefinition of words through education system, 'educational' article, and media to manipulate their citizens so most people in Western European diaspora often do not know about the definition of Socialism, Capitalism, 'state', 'dictatorship', or centralized economy. To them, Socialism and Capitalism simply refers to the amount of government intervention or the level of absolutism even when the labeling practice by Pax Americana of real life economic system is more consistent with the original distinction of the economic class in power than with the level of authoritarianism. This is why Venezuela under Socialist president Maduro could implement a highly competitive free market economy where uneducated elderly people with no funding could start a successful enterprise despite the current series of recessions that Pax Americana planned while a recession in Pax Americana would cause failure of small enterprises, barricade the start of new entrepreneurship, stop market competition, and increase wealth gap that allow the rich 1% to get richer during the recession.

[-] Collatz_problem@hexbear.net 6 points 9 months ago

Belarus doesn't have a centrally planned economy, it uses more of a classic Keynesian approach.

[-] cfgaussian@lemmygrad.ml 28 points 9 months ago* (last edited 9 months ago)

I don't know if i'd describe it as "Keynesian" but yes you are right, it's not "centrally planned" in the traditional sense. Most of the countries i mentioned do not have centrally planned economies. This is not about central planning, it's about state driven vs liberal "free market" models. Economic planning is just one tool that a state can employ to guide and shape its economy. The key distinction here is about who ultimately has the power. Does the state control capital or does capital control the state?

this post was submitted on 30 Jan 2024
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