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cogidub | 5 months ago

europe

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FridayoLeary|5 months ago

They kind of abandoned socialism in the 80s and 90s precisely because it's awful. Thatcher pointed out that no other political experiment has been carried on for so long as socialism despite it's spectacular failure. She thoroughly destroyed the socialist system in Britain and probably saved the country. I'm not sure what happened in the rest of europe.

Isn't it interesting that the most capitalist country in the world is also the most successful, while the similarly sized and more socialist leaning eu is lagging behind?

Also there's a difference between economic socialism, and the capitalist liberal democracies that run on some social principles like the eu and uk.