De-dollarization: Egypt drubs dollar in trade with BRICS nations

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 year ago

De-dollarization: Egypt drubs dollar in trade with BRICS nations

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 year ago

yeah let’s look at some actual numbers shall we

Professor of Economic History, Robert C. Allen, concludes in his study without the 1917 revolution is directly responsible for rapid growth that made the achievements listed above possilbe:

https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.507.8966&rep=rep1&type=pdf

Study demonstrating the steady increase in quality of life during the Soviet period (including under Stalin). Includes the fact that Soviet life expectancy grew faster than any other nation recorded at the time:

https://www.jstor.org/stable/2672986?seq=1

A large study using world bank data analyzing the quality of life in Capitalist vs Socialist countries and finds overwhelmingly at similar levels of development with socialism bringing better quality of life:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1646771/pdf/amjph00269-0055.pdf

This study compared capitalist and socialist countries in measures of the physical quality of life (PQL), taking into account the level of economic development.

https://pubmed.ncbi.nlm.nih.gov/2430906/

This study shows that unprecedented mortality crisis struck Eastern Europe during the 1990s, causing around 7 million excess deaths. The first quantitative analysis of the association between deindustrialization and mortality in Eastern Europe.

https://academic.oup.com/cje/advance-article/doi/10.1093/cje/beac072/7081084?guestAccessKey=01c8dd9f-af1c-48b3-b271-eb5d3a45017c&login=false

Meanwhile, hilarious for you to mention Cuba and DPRK given that your shithole excuse for a country has done everything possible to choke their trade with the world. Good thing that SWIFT is going the way of the dodo now.

Bernie Ecclestoned@sh.itjust.works · edit-2 1 year ago

Lol, you’re claiming one measure in physical quality of life means communism is great. Ignoring the fact that all of those countries have now either failed or have moved to a market based system in order to improve life.

Hilarious

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 year ago

Yeah, pretty hilarious that once these countries abandoned communism and switched to capitalism quality of life rapidly deteriorated. Thanks for underscoring my point.

Bernie Ecclestoned@sh.itjust.works · 1 year ago

Not according to actual data from the last 30 years, but you don’t actually accept facts so discussing anything with anyone as deluded as you is pointless

Why do you think 19th century ideology is relevant in the 21st?

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 year ago

Yes, according to actual data from the last 30 years. And of course, we can just see what the people who lived under both systems have to say:

A remarkable 72% of Hungarians say that most people in their country are actually worse off today economically than they were under communism. Only 8% say most people in Hungary are better off, and 16% say things are about the same. In no other Central or Eastern European country surveyed did so many believe that economic life is worse now than during the communist era. This is the result of almost universal displeasure with the economy. Fully 94% describe the country’s economy as bad, the highest level of economic discontent in the hard hit region of Central and Eastern Europe. Just 46% of Hungarians approve of their country’s switch from a state-controlled economy to a market economy; 42% disapprove of the move away from communism. The public is even more negative toward Hungary’s integration into Europe; 71% say their country has been weakened by the process.
The most incredible result was registered in a July 2010 IRES (Romanian Institute for Evaluation and Strategy) poll, according to which 41% of the respondents would have voted for Ceausescu, had he run for the position of president. And 63% of the survey participants said their life was better during communism, while only 23% attested that their life was worse then. Some 68% declared that communism was a good idea, just one that had been poorly applied.
Glorification of the German Democratic Republic is on the rise two decades after the Berlin Wall fell. Young people and the better off are among those rebuffing criticism of East Germany as an “illegitimate state.” In a new poll, more than half of former eastern Germans defend the GDR.
A poll shows that as many as 81 per cent of Serbians believe they lived best in the former Yugoslavia -“during the time of socialism”. The survey focused on the respondents’ views on the transition “from socialism to capitalism”, and a clear majority said they trusted social institutions the most during the rule of Yugoslav communist president Josip Broz Tito. The standard of living during Tito’s rule from the Second World War to the 1980s was also assessed as best, whereas the Milosevic decade of the 1990s, and the subsequent decade since the fall of his regime are seen as “more or less the same”. 45 percent said they trusted social institutions most under communism with 23 percent choosing the 2001-2003 period when Zoran Djinđic was prime minister. Only 19 per cent selected present-day institutions.
75% of Russians have expressed increasingly positive opinions about the Soviet Union over the years. Only a small portion of those surveyed said they had negative associations with the Soviet Union. The economic deficit, long lines and coupons were named by 4% of respondents each, while the Iron Curtain, economic stagnation and political repressions were named by 1% each, the Levada Center said.

And it’s the height of ignorance to think that communism is a 19th century ideology that hasn’t been successfully evolving for over a century. I knew that UK education system was bad, but holy shit that’s embarrassing.

Bernie Ecclestoned@sh.itjust.works · 1 year ago

Polls are not economic data

Here you Hungary versus the only mildly successful communist country in history, Vietnam

https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=HU-VN

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 year ago

Ah yes, Vietnam that US empire razed to the ground. Very intelligent comparison from a very intelligent person. Why don’t we compare with another communist country called China?