Capitalism is better than socialism

>capitalism is better than socialism

>socialism collapses and fucks up the economy


>apparently it takes time to recover from collapse and change the economic system
WOAH!

Those countries never received as much growth as fast as it did when it became socialist.

these economies were setup in a way that prices were high to make for high growth. people had low purchasing power in socialist states. look at estonia or lithuania for the best examples, or maybe czech or slovakia. they're the best examples of a free market after soczialism

also, look at that flatline from 1975-1990

>these economies were setup in a way that prices were high to make for high growth. people had low purchasing power in socialist states.

Sources my dude

>czech or slovakia.
These weren't socialist.

That's when shit started going down. Wasn't the fault of the economy.

>Worked at first but then fucked up after some time

Yep, sounds like socalism

The wars hurt the economy it wasn't socialism. You see the growth right? Socialism grew the economy much faster than capitalism and it still hasn't gotten close.

Slovenia literally BTFO's your argument. With Capitalism it grew way fucking faster then when it was in socialism. Also the fuck is this? GDP? what?

1 country out of 7. That kinda proves it wasn't capitalism but something else that made it grow that fast. I'll try and figure out what it was.

also what is this graph about? GDP, GDP per captial? Economic growth? What dude?

I found it.

Slovenia is the only country of the 8 that didn't privatize the whole economy and kept some of the socialist policies. The proof being that they still have the lowest Gini coefficient in the entire world. Lower than Cuba.

Economic Performance

>Vojvodina
>Kosovo
>Serbia Proper

>Economic Performance
Econmmic fucking performance? HOLY SHIT lmao

Dude just take the gdp of serbia, croatia, and slovenia and combine them. And it's already bigger then the GDP of Yugoslavia during 1990.

AlsoYou sure it was not becuase it was one of the only countries that were enthicly cleansed, or had no villages burned down, or had the fucking un bomb them?

>also Kosovo beating anyone in economic performance
What are you smoking while making these charts

dude this shill literally will only show Balkans because in his fucked up mind, Yugoslav was somehow not communist

You should know Mr.Economist that GDP is not a way to measure the success of a country.

Granted Yugoslavia did have a market socialist economy, it still was barely above Romania, which had full on communism shoved down it's throat, in terms of GDP.
muh world happiness report, give me a break

GDP isn't a measure of anything important so this doesn't matter

at least capitalists label the fucking axes

Ok, I'll bite. You must be severely retarded or baiting to believe the GDP of a country isn't a good (maybe not perfect) indicator of a country's well-being. It's literally the value of all things a country produces.

Show me a reputable economist who says GDP is a measurement of the success of a country.

however it does not take into account the distribution of the wealth created, and in what forms the wealth is created. A rich dude selling a 60 million dollar mansion adds the same value (i think anyway) to the gdp than 30 millions people spending two dollars on shit, however the wealth created by the dude gets locked up in the property, whilst the 2 dollar spending peeps adds more fluid value that everyone can access

OP why dont you just move to venezuela instead of bringing your misery here

You're right about the distribution part but most countries with interventionist policies have high income inequality so it's not really just a capitalist thing. Also GDP only accounts for final goods created in a year, the reselling of goods (in this case property) is not counted.

It's not socialist.

GDP includes government spending. If the government goes massively into debt or prints money GDP will go up. Doesnt make the economy better off. In fact it makes it far worse off.

Would you rather live in a country like Bosnia where GDP to debt ratio is %40 with a $5000 GDP per capita or the US where it's most western country's where it's +100% and GDP per capita is $40000+? Debt and printing money is just a necessary evil in ensuring the stability of the economy, it isn't a key indicator of a nations wealth.