The recent conflict between India and Pakistan is prompting a reassessment of Chinese weapons, challenging long-held perceptions of their inferiority to Western arms and sparking concern in places wary of Beijing.
There is a difference between having central planning at state level, and what happens under late stage capitalism where oligarchs cannibalize the country.
All economies are planned. The only question is who does the planning.
Do you leave that to a bunch of MBAs focused on quarterly profits, or a bureaucracy charged with looking for a state’s long term interests?
There is a difference between having central planning at state level, and what happens under late stage capitalism where oligarchs cannibalize the country.