How come China's economy took off when they started recognizing private property (ie: capitalism), but India has remained poor with slower growth despite being capitalist for longer than China?
India did have a kind of socialist model from the 1950s through the 80s.
>india
>capitalist
HURRR
>>66143784
But wasn't it more social democratic in that private property still existed?
>>66143814
wut?
>>66143823
It's easier to change the economic fundamentals through an undemocratic government unmindful of cultural considerations and the rights of its population. Unlike what many posters here seem to think, that something is more effective/succesful doesn't implicitly make it better or moral, might doesn't make right.
>>66143916
You can objectively measure energy output or tons of good produced or even money, but you can't objectively measure morality, ergo morality is a made up bullshit.
It has less to do with system of government than that India is a mosaic of cultures and languages. The culture is far less homogenous than China and India does not have 3000 years of statehood.
Because Brits never got the balls to remove Hinduism. India needed a good communist period to wipe out all of the retarded stuff, but it never happened.
india still has massive bureaucratic and corruption issues that make doing business a real ball ache
meanwhile China has more state authoirty and coordination, so there is a greater ease of doing busines
>>66144229
This guy gets it. Too bad, Ameri-fats only think "China bad, bad guy. Must worship India cow!"
>>66144253
>t. Zhang
>>66143998
t. former comunist
>>66143729
Did he do it? I dont think so
>>66143729
India wasn't capitalist, for a very long time it was communist and socialist which really fucked us up.
We started becoming capitalist from late 90s.