> we have the centrally planned systems of Communism and Marxism, not particularly effective, as it turns out.
Sure, China only has the second biggest economy in the world.
Also for the USSR, once the civil war ended and the American soldiers and so forth had been kicked out, and Stalin gained political control - the economy had incredible growth. While the West was mired in Depression, Russia was going gangbusters building steel works and such. European and American workers went there to work, because there was work there and not the West. American companies went there as well as they were hiring contractors while American businesses were not. Russia's economy did very well under Stalin. People talk about the stagnation during the Brezhnev years, which is true, but they ignore the booming economy from the 1920s to the 1950s/1960s.
Sure, China only has the second biggest economy in the world.
Also for the USSR, once the civil war ended and the American soldiers and so forth had been kicked out, and Stalin gained political control - the economy had incredible growth. While the West was mired in Depression, Russia was going gangbusters building steel works and such. European and American workers went there to work, because there was work there and not the West. American companies went there as well as they were hiring contractors while American businesses were not. Russia's economy did very well under Stalin. People talk about the stagnation during the Brezhnev years, which is true, but they ignore the booming economy from the 1920s to the 1950s/1960s.