Quote from: freespirit on July 01, 2011, 07:33:52 PM

Quote from: AyeYo on July 01, 2011, 07:21:08 PM

Except for the proven track record of centrally planned nations having much better standards of living and faster growth than more "free market" nations (See: China, Sweden, Japan, India, almost any pre-revolution socialist Latin American country, etc.).

Are you kidding? China has "much better standards of living"? Better then where? Somali? (not to mention China is hardly socialist economically)
Sweden and the likes: in short term maybe (and at what cost?) but in long term highly unlikely. Their "standard of living" exists[ed?] just for a few decades which is nothing historically.
Check out this article for example: http://www.brusselsjournal.com/node/510

BTW, Greece is ruled by socialists and has a rather socialist economy. Look where it got them.

China is not socialist, but it heavily controlled by central planners and is financially far better off, as a nation, then any "free market" nation like the US.

Not sustainable? Based on what? Prove it. It's been sustaining just fine.

No one cares about Greece. The US is the most free market nation in the world and we're also the furthest in the shitter. One case is proof of nothing.