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Old 07-15-09, 11:41 AM   #1
geetrue
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Default North Korea proves you can't stop capitalism

I knew this was happening with the border patol fence between Mexico and the USA using volunteers to watch the web cams, but N Korea and google earth???

The secret capitalist economy of North Korea

http://edition.cnn.com/2009/BUSINESS/07/14/north.korea.capitalism/

Quote:
A worldwide network of amateur sleuths has been watching a different trend emerge in the Stalinist state: Capitalism.

This grassroots group of North Korean observers has watched the growth of village markets via satellite photos courtesy of Google Earth. They compare notes and analyze photography on the Web site "North Korean Economy Watch" (www.nkeconwatch.com).

"There's a whole bunch of small-scale private enterprises that have sprung up," said Curtis Melvin, founder of the site and an economist at George Mason University where he's working toward his doctorate degree.

"With Google Earth, you can scroll back through time from the most recent satellite photographs and see how these markets are growing.

"In large towns you can see multiple markets, but you can find them in every town and every city," Melvin said.
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Old 07-15-09, 02:50 PM   #2
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Dident read the article but this is somethin that strikes me on a grander scale.

Socialisist countrys are running towards capitolisim while the capitolist country (USA) is running away from it.
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Old 07-15-09, 02:59 PM   #3
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Maybe they will meet in the centre and use the best of both.
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Old 07-15-09, 03:37 PM   #4
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Originally Posted by Schroeder View Post
Maybe they will meet in the centre and use the best of both.
Well when you consider one is running to capitolisim since they realized socalisim doesent work and the other is running to socialisim because they hope it will work

Its very confusing to me.
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Old 07-15-09, 03:52 PM   #5
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If NK is socialist, then it's socialist with out the public spending.
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Old 07-15-09, 04:26 PM   #6
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Originally Posted by Letum View Post
If NK is socialist, then it's socialist with out the public spending.
Well, at least they are all equally miserable.
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Old 07-15-09, 06:02 PM   #7
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Quote:
Originally Posted by Letum View Post
If NK is socialist, then it's socialist with out the public spending.
They may not have public spending, but they do have lots of government spending. Ferraris, Mercs, Hollywood movies, elaborate parties, and I'm sure a fair dose of hookers don't come cheap.

The reality is that all of these Communist countries were always as socialist as they were democratic. In other words, not at all.

Under ideal socialism, goods are produced and distributed for the good of the people. In the Communist bloc, goods were produced for the good of the leaders. For example, in Mao's China food was grown to sell to the Soviets/Eastern Europeans in return for weapons and military technology to feed Mao's ego. In North Korea the people work so Kim Jong Il can enjoy fine dining and nuclear tests (if he's still alive). The list goes on. In these economies, consumer goods are only distributed to the people on a subsistence level (or below) to keep them working and prevent revolts.
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