theworldismine13
God Emperor of SOHH
Industrial policies definitely helped East Asian countries, they were even called crony capitalism in the Western countries and considered the reason the Korean economy along with other Asian economies collapsed in 97/98. Japan had the institutional memory and capability to develop after war because prior to the war they were in a better condition ,comparatively speaking, than African countries at Independence. Many African countries at Independence were only starting to develop a sense of nationhood because they had organized themselves as Kikuyu,Shona,Xhosa,Bakongo longer than they had been Kenyan,Zimbabwean, South African etc. In fact outside of settler colonies of Kenya,Zimbabwe,Algeria,SA, and Angola/Mozambique most African countries were bequeathed virtual shells of nations and had to start from scratch. The infrastructure in the settler colonies was well developed to serve European populations and the non-settler colonies were either sources of labor or had minimal infrastructure designed to ship commodities to the "mother nation". We cannot ignore the initial starting conditions because all prescriptions i am reading are based on countries that had different experiences. Countries like Malawi ,Burkina Faso were set up by the Europeans to provide labor to bigger countries like Ivory Coast, Zimbabwe/SA respectively. It is rather simplistic to just drop capitalism where the infrastructure is threadbare and the skills are relatively sparse and the governing institutions are only starting up without much support from outside after a major world war.
that is why i didnt say capitalism i said literacy and capitalism, i agree 100 percent that you cant simply drop capitalism, like i said capitalism requires (for example) participants to agree that if I take a piece of paper and scribble on it, that is money that you can deposit in bank, a simple transaction like accepting and depositing a check in a bank requires extensive infrastructure and a literate population
i think it was congo, i forget, but i was reading that in this african country after independence, there was less than 12 people with university degrees in the whole country, you cant develop a country like that until you address literacy
countries like korea and japan were mostly literate and capitalistic
i dont really have an opinion on industrial policy because that can mean many different things, but if you dont have a literate population and capitalistic foundations, industrial policy wont work
Last edited:











