If one took the view that communism was holding back roughly half of their their potential, then it would have been a reasonable prediction.
No, it wouldn’t have. Only with cetera peribus would that make any sense. And losing half your population is not “all other things being equal.”
It’s a major difference that has a huge impact on output and relative standing globally.
No, it wouldn’t have. Only with cetera peribus would that make any sense. And losing half your population is not “all other things being equal.”
It’s a major difference that has a huge impact on output and relative standing globally.