Quote:
Originally Posted by Shuffle
There comes a point where economic equality turns into economic stagnation (look at unproductive socialist economies crippled by debt)
I think this is probably correct, but two things:
1. Measures like GDP might not be the best way to show success.
2. China and the USSR had particular problems that weren't just about socialism. Have any socialist countries not been subject to sanctions or embargoes?
So, perhaps there isn't much empirical evidence regarding socialism, though there certainly is for mixed economies from Scandinavia on one side all the way to I guess Singapore on the other.