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> Socialist countries routinely nationalize food production and immediately create shortages. This happens over and over.

Socialist countries are routinely embargoed by capitalist countries, severely limiting their access to global markets. That's if they're lucky, if they're unlucky they're destabilised through targeted assassination of their leaders[0].

If you're even less lucky you'll be captured by the people the U.S. think are the good guys[1] instead of whatever socialist party was gaining traction. I sure hope the torture centre the U.S. military helped set up was built with private capital:

> The United States backed Alfredo Stroessner's anti-communist military dictatorship and played a "critical supporting role" in the domestic affairs of Stroessner's Paraguay. For instance, U.S. Army officer Lieutenant Colonel Robert Thierry was sent to help local workmen build a detention and interrogation center named "La Technica" as part of Operation Condor. La Technica was also a well known torture centre. Stroessner's secret police, headed by Pastor Coronel, bathed their captives in tubs of human vomit and excrement and shocked them in the rectum with electric cattle prods. They dismembered the Communist party secretary, Miguel Ángel Soler , alive with a chainsaw while Stroessner listened on the phone. Stroessner demanded the tapes of detainees screaming in pain to be played to their family members.

> That takes capital and it requires risk. Capital is constantly being squandered on ideas that go nowhere, but some are successful and the overall system is more productive.

Government funded research through universities and the military do so much of the foundational work here that it seems crazy to attribute it to private capital.

[0] https://en.wikipedia.org/wiki/Assassination_attempts_on_Fide... [1] https://en.wikipedia.org/wiki/Operation_Condor




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