this post was submitted on 02 Sep 2023
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[โ€“] cooljacob204@kbin.social 13 points 1 year ago* (last edited 1 year ago) (1 children)

Ahh thanks for the great reminder for all the tankies about communism failing for China and all these nations so they had to incorporate capitalism and allowed privatization of industries.

USSR did it, China did it, Vietnam did it, Cuba is doing it.

[โ€“] mycorrhiza@lemmy.ml 3 points 1 year ago

hexbear users can't see this comment, so it falls on my sleep-deprived ass to point out that socialist nations essentially have two options: 1) ban all capitalism and be banned from trade in turn, like Cuba and the USSR, or 2) permit some measure of capitalism, give the west its profits, and use that as leverage to gain access to trade, like China and Vietnam. You either play ball or get strangled to death.