• bobburger@fedia.io
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    6 months ago

    Not trying to JAQ off here, which societies have been more effective and successfully built by market socialism. Wikipedia only lists a few failed states as having implemented Market Socialism. Also listed is Vietnam, which seems to be doing okay. Most of the growth seems to be coming from trade and investment from capitalist countries in the past 20 years or so. So is their success coming from Market Socialism or excess wealth from Capitalist counties?

    Regardless of where their wealth comes from they do seem to be doing a good job of reducing income inequality while raising the standard of living for a lot of citizens.

        • Dasus@lemmy.world
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          6 months ago

          Well, yes.

          Ironically, the only true “free markets” are properly regulated ones.

            • Dasus@lemmy.world
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              6 months ago

              Let’s call it the “free market paradox”

              And now in 20 years when someone googles it, they’ll find an article in which it says the first time that was coined was this comment. Although that supposes that 20 years from now we aren’t living in a post-nuclear fallout hellscape.