Quote:
Originally posted by Spanky
In 1970 South Vietnam had the highest per capita income in Asia. Today the only country with a lower per capita income is Burma (another socialist country). Recently they have been doing better because they have adopted some free market reforms. Cuba has the lowest per capita income in the Caribbean (yes they even beat Haiti). And had the highest per capital income in the Caribbean when Castro took over.
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However, in either the totalitarian regimes or the communist regimes, the wealth was all enjoyed by the ruling elite, and the rest of the nation lived in abject poverty.
