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Comment by db48x | Hacker News Reader

It is the popular fad to be ignorant of the rampant mismanagement that is always prevalent in Communist countries. People should read the books written by people who defected from the Soviet Union to get an idea of just how bad it can get. “The Liberators: my life in the Soviet Army” by Viktor Suvorov is a good one. And it can be read online: <https://archive.org/details/liberatorsmylife0000suvo>

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>Communist

https://en.m.wikipedia.org/wiki/False_dilemma

“Not capitalist” does not mean “communist”. There are plenty other systems out there. And even for what many folks call communism you’ll find examples of much better efficiency - China for example has been developing at speed never seen in nominally capitalist countries.

Much better efficiency - sure, if you don't believe in ghost cities and ignore the real estate hyper-bubble (which is certain to come crashing down).

So objective, easily verifiable gains - like the life expectancy, which is now longer than in USA - don't matter because of ghost towns? :-D

What are the other systems that are actually being used?

barter at the very small scale

some top down goes on it troubled countries

but by far and away the advantages of capitalism are more than its deficits

it responds to and is driven by human natures, not the other way around

China is in fact a capitalist country, despite the "Communist" in it's party's name.

Partly. Most of the Chinese people have no private property rights.

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