The 20th century proved that capitalist free market economies are superior to planned socialist economies:
>A difference is also obvious between North and South Korean children. "The height gap is approximately 4cm (1.6in) among pre-school boys and 3cm (1.2in) among pre-school girls, and again the South Koreans would be taller."
>At the time of reunification the gross domestic product per capita in the east [Germany] was €9,400 ($11,800), as opposed to €22,000 in the west.
>Mr. Ceausescu, who was executed in December after the overthrow of his Communist Government, transformed Romania from its reputation as ''breadbasket of the Balkans'' into the pauper of Europe.
>During the 1930s, the Soviet Union was dominated by Joseph Stalin, who sought to reshape Soviet society with aggressive economic planning. As the leader of the Soviet Union, he constructed a totalitarian state whose policies have been blamed for millions of deaths. During his time as leader of the Soviet Union, Stalin made frequent use of his secret police, prisons, and nearly unlimited power to reshape Soviet society.
>Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
>At least 45 million people died unnecessary deaths during China's Great Leap Forward from 1958 to 1962, including 2.5 million tortured or summarily killed.
>Since initiating market reforms in 1978, China has shifted from a centrally-planned to a market-based economy and has experienced rapid economic and social development. GDP growth has averaged nearly 10 percent a year—the fastest sustained expansion by a major economy in history—and has lifted more than 800 million people out of poverty.
So then why is laissez-faire capitalism still considered a fringe movement?
Why are there still no anarcho-capitalist countries?