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How close was communism to world domination?

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Loz
Post 14 Aug 2014, 16:41
Quote:
China's growth into a world superpower (this year becoming the World's largest Economy) is an interesting development as is it's growing Maoist movement.

No, EU is the world's largest economy, followed by the US and then China whose economy is still about half the US one.
And by GDP per capita, HDI, and everything else they're still on the low-end of the developing countries.

And there's no growing Maoist movement, on the contrary.
Post 14 Aug 2014, 19:11
Yeah... well... I'm gonna leave this graph here for Loz to look at...
Image
Loz
Post 14 Aug 2014, 19:44
What does that have to do with anything i said? No doubt that one day China will indeed be the world's biggest economy but nowadays that isn't the case.
Post 15 Aug 2014, 00:36
I think he was referring to purchasing power parity. There was an article a few months ago that said that China was about to become the world's largest economy using this measurement.

It's largest in relative terms, in terms of how many goods can be bought, not how much absolute "wealth" they produce.

Here:

http://www.economist.com/news/finance-a ... ght-dragon

http://en.wikipedia.org/wiki/List_of_co ... y_GDP_(PPP)

Quote:
The previous ICP survey, released in 2005, attracted criticism for its results from China, which were based on data from just 11 cities. This, some argued, overestimated the cost of living and therefore underestimated the size of the Chinese economy on a PPP basis. That, along with the difficulty of accounting for varying rates of inflation since 2005, meant the PPP data were getting ever more inaccurate: the new data put China’s PPP exchange rate 20% higher. The old PPP exchange rates had suggested that China’s economy would overtake America’s in 2019; the new ones imply that it will do so by the end of this year.
Post 15 Aug 2014, 11:56
Is a regime that calls itself communist attains world domination, does this means that we have comunism ?

Or by communist world domination you mean a world free from private ownership of the means of production ?

Because if you mean that, communism was never close to world domination.
Post 24 Jan 2015, 17:51
Not to be a stickler, but since Communism has never been attained, I'd say it's never been close to dominating the world. All the world has seen is a deformed fascistic version of Socialism.
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