Going well…

[Protheroe]

Proth still thinks its and either / or

It is.

Until someone comes up with an example of a successful country that hasn't embraced markets. China's biggest problem is that it did so too late. It will get old before it gets rich - that's a huge problem for the CCP.

None of this is conjecture or opinion btw, it's fact. China is essentially the world's leading crony-capitalist state.

[man in the corner shop]

Proth still thinks its and either / or

Proth thinks?

[Borin' Baggie]

Just applying failed and pickled, rigid, dogma 

Markets have lifted billions of people out of absolute poverty globally over the last 30 years. How many billions have been lifted out of absolute poverty by Socialism during that period?

850 million people in China alone have been lifted out of extreme poverty.

Who knew Proth was such a big fan of the Communist Party of China.

Mostly driven by the Chinese embracing trade liberalisation and markets in their special administrative zones from the 1980s onwards.

They clearly seem to think this is what has driven Chinese growth with their recent announcement that they're turning Hainan into the new Singapore or Hong Kong.