Public Private Ratio

摘要

Countries of the third world were beggared by the socialist wave that swept the world through the middle of the last century. In hindsight all the towering figures of the non-aligned world of the 50s were not even great politicians, the vision they had for their people was based mostly on grandiose, economically bankrupt plans. In contrast to totalitarian regimes of the communist world, the free market economies of some dictatorships were far more successful, albeit with generous economic help (US AID) from Uncle Sam, the US being the doyen of all capitalist countries.