How can such a statement could ever be considered factual? In fact, it's pure opinion, which makes your entire argument rather misguided. Moreover, it's also a gross oversimplification to reduce economic growth to a single dimension. I recall having a discussion similar to the one in this thread a while back. As I suggested back then, if you feel that Scandinavian countries aren't a good example, you can also look at Singapore, which is decidedly socialist in some very significant ways. Moreover, Singapore's success story is a more recent phenomenon, which should address some of your criticism.
Having universal public health and education systems don't make a country a socialist state. Only someone who doesn't live in a socialist state could possibly even consider that. I just go back to the plain truth that capitalism makes money, socialism merely spends it.
I don't know if you've seen this, but one interesting evidence of what you said up there is this: Not that leftists care about facts and reality... And they will always make up any BS to keep them believing in what they want to believe... But... For those people who still want to think and see reality as it is... It is an interesting chart....
Assuming that chart is real please explain exactly the point you are trying to prove with it and don' forget that country GDP is a strng function of population so obviously the US started from zero late as it was an empty continent compared with China, India etc. (GOOD luck)
Try Anthem. It's all the symbolism of Fountainhead or Atlas Shrugged minus (most of) the diatribe. It's like 100 pages long.
Exactly... The time prior to the creation of the FED, the New Deal and all the socialist BS as well as the UK in the 19th century (which can be extended to all western Europe) had an increasingly higher percentage in worlds GDP... When that shit began to be introduced, all these countries slowed their growth(despite a growing population)... China, on the other hand, the most populous country in the world had an inverse trend because of absolute socialism and they could only revert that trend by gradually introducing capitalist features in their economy. It is obvious... But, as I said, socialists always come up with BS to distort facts and reality. Surely you will not be the exception of that rule... After all, that would be shooting your own foot and recognizing that your social benefits are just forcing other people to sustain your expenses. So, I really don't care about your opinion or answer to this, I was merely showing it to @tomorton.
LOL. I suggest you open those beginners maths books and look up percentages. When you have mastered that move onto why GDP per head is more accurate measurements of country wealth. Bit of world history may be useful as well. Hope others also like the hilarious contradiction in those last two paragraphs
Then you have to provide a precise definition of capitalism and socialism. Otherwise, a discussion is not feasible.
Your logic is non-existent, I regret to inform you. Indeed, why not adopt the system used in India during the "classical period"? According to your logic, a strict caste system and slavery would be even better than capitalism.