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Joined 4 months ago
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Cake day: May 27th, 2024

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  • Industrialization does not magically happen. There need to be active policies done to make it happen like tariffs on manufactured goods or state ownership or subsidies for manufacturing etc. . Those policies have not been done enough in todays 3rd world countries and they were done in russia and china when they were backward and they went from backward countries to industrialized countries while having low wealth and income inequality.

    Edit: Yes it proves your point but also my point.