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  • Where Stalin left off Mao picked up

    Five-Year Plans of the People's Republic of China


    Before the first plan: 67.9 BN Rmb (constant)
    The First Five-Year Plan, 1953–57; Growth to: 106.8
    The Second Five-Year Plan, 1958–1962; Growth to: 114.9*
    The Third Five-Year Plan, 1966–1970; Growth to: 225.3
    The Fourth Five-Year Plan, 1971–1975; Growth to: 299.7
    The Fifth Five-Year Plan, 1976–1980; Growth to: 451.8
    The Sixth Five-Year Plan, 1981–1985; Growth to: 896.4
    The Seventh Five-Year Plan, 1986–1990; Growth to: 1,854.8
    The Eighth Five-Year Plan, 1991–1995; Growth to: 5,847.8
    The Ninth Five-Year Plan, 1996–2000; Growth to: 8,946.8
    The Tenth Five-Year Plan, 2001–2005; Growth to: 18,386.8
    The Eleventh Five-Year Guideline, 2006–2010; Growth to: 33,535.3 in 2009, last year missing
    The Twelfth Five-Year Guideline, 2011–2015; Growth to: ???


    In the first three decades from 1950 - 1980 they were doubling GDP every 10 years (so two plans), and that is despite of total disasters as "Great Leap Forward"...

    Last three decades 1980 - 2010 when they obviously improved the system they are trebling the economy every 10 years.

    Communism is winning after all

    I think it is high time Americans convert to the superior system... going on historical basis they have about 10 years before they seriously start lagging behind, and at that stage it is already too late

    I for one on the behalf of Eurocom socialist scum welcome our new Communist Chinese overlords



    * "Great Leap Forward killed them there for a bit, killing sparrows was not such a bright idea after all, but every start is hard...

    ** going by the above it takes about 5 plans to figure out what you were doing wrong before, and to kick into the fast lane.
    Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
    GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

  • #2


    The problem with this troll is that China's not really communist anymore--at least not in the places that are making it rich.

    fail troll
    If there is no sound in space, how come you can hear the lasers?
    ){ :|:& };:

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    • #3
      Am I reading that correctly? The claim is that per-capita gdp in china was approximately 9$ (2010 dollars) in the 1950s?

      12-17-10 Mohamed Bouazizi NEVER FORGET
      Stadtluft Macht Frei
      Killing it is the new killing it
      Ultima Ratio Regum

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      • #4
        It was a war-torn ****hole...
        Indifference is Bliss

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        • #5
          Originally posted by N35t0r View Post
          It was a war-torn ****hole...
          No one could survive on $9 a year...

          Comment


          • #6
            I take it you've never been a student in London then
            Speaking of Erith:

            "It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith

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            • #7


              Zimbabwe, Congo, and Burundi have 300$ or below per capita right now.

              Data Commons aggregates and harmonizes global, open data, giving everyone the power to uncover insights with natural language questions


              Google puts it at about 100$ in 1960.

              JM
              Jon Miller-
              I AM.CANADIAN
              GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

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              • #8
                See this is the stupid thing about China being an economic giant. It is only so because of it's rampant population. In terms of per capita, it is abysmal...
                Speaking of Erith:

                "It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith

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                • #9
                  Originally posted by gribbler View Post
                  No one could survive on $9 a year...
                  And many didn't...
                  Indifference is Bliss

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                  • #10
                    well here we have 1960 GDP for China
                    This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.


                    92$ per head - but nominal... at at this point the economy already doubled from 1952, so we are talking about "less than 50$" nominal per head... which would indicate that the vaules are definitely not constant currency as indicated... but nominal... and that makes sense as at the time exhange rate was about 2.something/1, so from 119 RMB you would get about 50$ per head for 1952...

                    To get to today it's a facor of ~8... so about 400$ per head in current dollars - ie slightly better than Congo today...

                    so - not constant growth rates, but who cares, right?

                    This does not detract from the argument, and that is - convert to communism or else!
                    Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                    GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                    • #11
                      Originally posted by Hauldren Collider View Post


                      The problem with this troll is that China's not really communist anymore--at least not in the places that are making it rich.

                      fail troll
                      tell that to Central Politburo

                      Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                      GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                      • #12
                        Originally posted by Provost Harrison View Post
                        See this is the stupid thing about China being an economic giant. It is only so because of it's rampant population. In terms of per capita, it is abysmal...
                        may be bad, but all the $$$ is centralized, so it is a power... and if they let their currency float like US or Europe the abysmal may even double.... this would for sure seriously impede their competitivness, and it is the main argument between the three sides... but hey... commies can play their cards in a more focused way and they are taking over. Communism for teh win
                        Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                        GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                        • #13
                          Originally posted by Hauldren Collider View Post


                          The problem with this troll is that China's not really communist anymore--at least not in the places that are making it rich.

                          fail troll
                          Not according to Lou Dobbs.
                          “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
                          "Capitalism ho!"

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                          • #14
                            Originally posted by KrazyHorse View Post
                            Am I reading that correctly? The claim is that per-capita gdp in china was approximately 9$ (2010 dollars) in the 1950s?

                            You probably misread it. The claim is that in the 1950s, nominal GDP started at around 70 billion renminbi.

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                            • #15
                              Which at the time was the equivalent of $9
                              “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
                              "Capitalism ho!"

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