loquasagacious
NCAP Mooderator
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- Aug 3, 2004
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- HSC
- 2004
Twenty years ago today the Berlin Wall fell and in the following year East and West Germany were reunited. It is hard to over state the significance of this event because Germany is an excellent microcosm of capitalism versus communism and we, capitalism, won.
In 1945 the two Germanys were essentially the same in the following years western capitalism was implemented in one and Russian communism in the other. On one side of the wall there was freedom and on the other oppression. West Germany prospered and East Germany languished. So deleterious were the effects of communism that twenty years on it's effects are still being felt.
This would seem to be a pretty clear-cut case for free markets and a free society, but twenty years on we are having the same debate. Socialism/communism appears to be alive and kicking, the GFC has been labelled a crisis of capitalism and certainly judging by the BOS scatterplot there are many people who are at least socialist/socialist-sympathisers.
So lets play the history game: where would you have rather lived? East or West Germany?
In 1945 the two Germanys were essentially the same in the following years western capitalism was implemented in one and Russian communism in the other. On one side of the wall there was freedom and on the other oppression. West Germany prospered and East Germany languished. So deleterious were the effects of communism that twenty years on it's effects are still being felt.
This would seem to be a pretty clear-cut case for free markets and a free society, but twenty years on we are having the same debate. Socialism/communism appears to be alive and kicking, the GFC has been labelled a crisis of capitalism and certainly judging by the BOS scatterplot there are many people who are at least socialist/socialist-sympathisers.
So lets play the history game: where would you have rather lived? East or West Germany?
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