Lumifer comments on On Walmart, And Who Bears Responsibility For the Poor - LessWrong

13 Post author: ChrisHallquist 27 November 2013 05:08AM

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Comment author: Lumifer 03 December 2013 05:20:58AM *  1 point [-]

That was just a matter of convergence

Funny how that hasn't happened under Mao who, presumably, was running a "better" system. And really, is India that resource-poor compared to China? Enough to explain the difference in growth rates?

Soviet socialism and Leninism had a similar effect on Russia for the first few decades of the USSR.

Did they? I am not at all sure about that. Granted, trustworthy statistics are hard to come by, but it does seem to me that the living standards of the Chinese people rose much faster and further than those of Russians under Stalin. The Russians were building heavy industry plants -- just like Mao did -- and while certainly useful (as WW2 demonstrated), they didn't do much for ordinary people.

China will likely slow down similarly within the next few decades

Yes, I agree, but no country can support breakneck development for long. China slowing down eventually does not support your thesis that it suffers under "the worst" system.

Socialized claims to ownership are decided by a polity.

Initial ones? Or all the time -- meaning claims to ownership can be granted or taken away by the polity at will? If the latter, I would object to calling this "ownership", it's much more akin to a mere license.

...distribute ownership claims democratically, i.e., to everyone.

That's how the ownership of the former Soviet factories, etc. was distributed in the early 1990s.. Basically everyone who worked at a particular factory got a "share" of ownership of that factory in the form of the so-called "voucher".

You can google up how well that worked.

On the other hand, if you mean non-transferable ownership then it's not really ownership and I don't see much use in it.