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0 sats \ 1 reply \ @Solomonsatoshi 6h \ parent \ on: IMF and El Salvador bitcoin
Is that why China has risen to be the largest most productive manufacturing economy in the world?
Free markets are always subservient to nation states and nation states and their ability to organise the resources and power projection of their jurisdiction are crucial to the wealth of all nations.
The primary reason the west has been so successful has been its success in power projection and resource hegemony which mostly occurs via the strategy and imperatives of the nation state.
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0 sats \ 0 replies \ @jgbtc 28m
The only reason they aren't eating dirt in China is because of free market reforms. Communism equals slavery so of course they have a productive manufacturing economy with so many slaves to work in the factories. But they allow just enough free market activity so the whole evil system doesn't collapse like the house of cards it is. It will collapse though because central planning always fails.
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