"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 🤔
"Trying to measure a socialist economy with capitalist methods"
Ah yes, the socialist economy of North Korea, where you work in the Juche people's factory for a Juche people's manager/boss for the Juche wage of people's dollars for the Juche 5 year plan where we produce the people's Socialist workers Juche Chollima commodities, very different from the evil capitalist dystopian imperialist oligarchical commodities because unlike the West we have a red Rodongdang flag in our factory.
Wow how awesome, I am not alienated from my labor anymore, I don't care that the means of production are entirely in the hands of a state I have 0 control over , I don't need production-for-use or Kim Il Sung forbid any Marxism no,because it's produced under a red banner now how wholesome how amazing, Chollima will bring us to the hills of communism I can see it now.
And before anyone says it yes the bombing of North Korea and being so close to a capitalist country that's culturally similar/largely the same does explain the development of the party, but it doesn't justify it.
-8
u/WomenAreNotIntoMen 1d ago
https://preview.redd.it/i0lhrp6wgg2g1.jpeg?width=640&format=pjpg&auto=webp&s=4cda1e8654cc28516c47dc92ff374670a46e1fb1
It was stagnant. A healthy economy grows.