Communism VS capitalism, a real life test case!
Korea
The comparison between the two Korea’s Gross Domestic Product in the last 70 years shows how big the difference is between a full capitalist country and a communist neighbour.
The GDP per capita in South-Korea has gone 50X in 75 years, while in North-Korea the GDP per capita has stayed almost the same, with very little growth.
Of course North-Korea has been plagued by sanctions of the USA and other Western countries, still no growth has happened. This means that North-Koreans has almost no purchasing power in other countries, as their GDP hasn’t evolved.
This is devastating for an economy and shows that communism just doesn’t work!
Sincerely,
Pele23
Posted Using INLEO
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