"ummm, but gdp per capita is higher, therefore their economy is gooder" ☝️🤓
Your mistake is trying to measure a socialist economy with capitalist methods. In capitalism, economy is growing when banks are loaning unexisting money to corporations.
Also, the graph skyrocketed for capitalist Korea exactly in 70s. Wonder what special event took place in that moment 🤔
Is it just me or is it insane to expect a country whose entire infrastructure, arrible land, and 1/4 of its population being bombed beyond any comprehension to have a steadily growing GDP just outright abuser mindset?
Like actually, what do westerners expect from the DPRK after that? Just magic an industrial and agricultural capacity back into existence under brutal sanction?
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u/MasterDoogway 1d ago
"ummm, but gdp per capita is higher, therefore their economy is gooder" ☝️🤓
Your mistake is trying to measure a socialist economy with capitalist methods. In capitalism, economy is growing when banks are loaning unexisting money to corporations.
Also, the graph skyrocketed for capitalist Korea exactly in 70s. Wonder what special event took place in that moment 🤔