china of course, starting in 1978 when it went from a more pure communist state to a mixed market state incorporating more socialism and even capitalism (the stock market). At this point it has more billionaires than any other country, and has a higher GDP when measured by purchasing power.
Now in prior threads i've held the position that china isn't really a communist country anymore, having elements of multiple systems, but several people on the right want to insist it is communist.
so I guess communism (according to them) is the way to the largest sustained economic growth in history, the most billionaires, and the biggest economy....right? lol
China’s Economic Rise: History, Trends, Challenges, and Implications for the United States
Prior to the initiation of economic reforms and trade liberalization nearly 40 years ago, China maintained policies that kept the...
www.everycrsreport.com
Real GDP (purchasing power parity)
www.cia.gov
Now in prior threads i've held the position that china isn't really a communist country anymore, having elements of multiple systems, but several people on the right want to insist it is communist.
so I guess communism (according to them) is the way to the largest sustained economic growth in history, the most billionaires, and the biggest economy....right? lol