• TanakaAsuka@sh.itjust.works
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    1 year ago

    If we exclude mixed economies and state capitalist countries we are left with basically looking at historic record so let’s do that.

    There were recessions in 15the century England, not a capitalist economy at all! There was also a recession in Rome in 33 AD as well if you want to look back further. This is just from 5 minutes of googling.

    It is not possible to have an economy that never contracts, just to have one where it happens nowhere near as frequently as our current systems and with far better outcomes for most people.