this post was submitted on 04 Mar 2024
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chapotraphouse
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An interesting note for me is that, on average, socialist systems are better and more efficient at developing forms of capitalism out of feudalism. A revolutionary nationalist period is almost a bound requirement for capitalism to develop.
That's kind of Branko Milanovic's argument in Capitalism, Alone. Good book, even though I disagree about a lot of its conclusions (mainly that China is clearly "state capitalist").
I do as well.