I feel like no one talks about Laos. They did Doi Moi-style market reforms with help from the IMF (cringe IMF forced them to liberalize) and are growing incredibly fast, like they're really getting up there. They still assert socialism as their goal in the constitution, and like Vietnam/China they make large efforts to relieve poverty, provide healthcare, etc. much more than your average developing capitalist states. Poverty dropped about 20-30 percent since 1992. Worker rights are unusually good for a developing country. Seriously, retirement age is less than America's, wtf. Anyways that's all the positives. There's probably a lot more negatives than positives, but overall I like the direction they are headed in, especially for a country that was bombed to hell and back.
Everyone forgets Laos because there's neither a controversial war named after it nor an event of mass killing you can point to to "prove" socialism is evil.
When talking about the Doi Moi reforms I think it’s important to note that it wasn’t just a case of capitalism creating economic growth, Vietnam had been almost completely cut off from the global economy and only started being able to take out loans/engage in trade again after accepting much of the IMF-imposed reforms, which is why they’re economy started growing so rapidly afterwards. I imagine it was a similar situation with Laos.
Not to say that capitalism isn’t useful for developing the productive forces and all that, but I think it’s being way too generous to capitalist propaganda to attribute the growth of any developing country entirely to economic liberalization when in reality their economies were literally being held hostage by global capital
I feel like no one talks about Laos. They did Doi Moi-style market reforms with help from the IMF (cringe IMF forced them to liberalize) and are growing incredibly fast, like they're really getting up there. They still assert socialism as their goal in the constitution, and like Vietnam/China they make large efforts to relieve poverty, provide healthcare, etc. much more than your average developing capitalist states. Poverty dropped about 20-30 percent since 1992. Worker rights are unusually good for a developing country. Seriously, retirement age is less than America's, wtf. Anyways that's all the positives. There's probably a lot more negatives than positives, but overall I like the direction they are headed in, especially for a country that was bombed to hell and back.
Yeah everyone forgets Laos.
Yea
Everyone but me
shifty eyes
Everyone forgets Laos because there's neither a controversial war named after it nor an event of mass killing you can point to to "prove" socialism is evil.
deleted by creator
When talking about the Doi Moi reforms I think it’s important to note that it wasn’t just a case of capitalism creating economic growth, Vietnam had been almost completely cut off from the global economy and only started being able to take out loans/engage in trade again after accepting much of the IMF-imposed reforms, which is why they’re economy started growing so rapidly afterwards. I imagine it was a similar situation with Laos.
Not to say that capitalism isn’t useful for developing the productive forces and all that, but I think it’s being way too generous to capitalist propaganda to attribute the growth of any developing country entirely to economic liberalization when in reality their economies were literally being held hostage by global capital