Stas Bush wrote:Iron Bridge wrote:We weren't even disagreeing at all!
Consider me a grammar nazi; if you can't frame your statements correctly, you will be called on it.
The problem isn't that you argued about it, the problem is you implied it had something to do with your point about the causation industrial revolution. Which it didn't. Worse, you dropped your actual arguments, presumably because they didn't stand up. Consider yourself called.
The point was that New Zealand made the transition from pure agriculture to a diverse industry which Argentina failed to do. You ignored the argument and spouted more irrelevant bullshit, which of course was quite dumb.
And incredibly you are now just restating your conclusion and ignoring all my rebuttal, and now even implying
I was the one who dropped it from the discussion, rather than you? New Zealand made this transition
because it had better institutions than Argentina. You were trying to imply that NZ was Personist and therefore should have the same outcomes as Argentina by my theory, which it was not.
Iron Bridge wrote:Only by convergence with other industrial economies; this is not an improvement, it's just what is expected even if the institutions do not change.
You contradict yourself. Divergence with industrial economies is expected when institutions do not change - like the 'great divergence' between the First and Third World. If the gap between the leading industrial economy and another economy is actively contracting, this means the other economy is industrializing. It can also mean that the leading economy is collapsing or growing slowly, but that is definetely not the case with the United States.
Conditional convergence (which is a mainstream theory, not something I just made up for this thread) is explained
here. You do
not expect growth rates to be permanently different, since it is much easier to copy long-established tech and processes than to invent new ones. Rather, you expect
levels of economic development to diverge, given fixed institutions. This can mean temporary diverging growth rates if the two countries start at the same level, but not permanent.
Iron Bridge wrote:Those countries can get convergence growth, if they exist in a world with other industrialised countries. If they're the best on offer, there's nothing to converge with.
Convergence is simply impossible without running industry. Rome did not have the necessary technologies for such industry. Otherwise industrial development can proceed together with slavery. Like it did in the United States of America. Of course, slavery will be a hindrance if there is no alternative labour supply; however, if there is - like the Northern part of America where cheap immigrant labour was available to die digging canals and railways - then slavery would only slow down but not prevent industrialization. Some major industrial feats might even require vast amounts of forced labour, like the Suez Canal.
Industrial development in the US was overwhelmingly in the parts that outlawed slavery (or had de-facto abolished it). Early US can't really be considered one country for economic institutions.
Anyway, you totally ignored my point that what we consider "revolutions" just means having about 1% GDPPC growth per year. The particular technological avenue is incidental; supposing Rome had British institutions in 0AD, it was still quite a long way behind even 1300 AD levels of production because technology didn't entirely sit still then, it just advanced at too slow a rate for people to see a big difference in their lifetimes. The first developments would be improved agricultural tools, watermills, windmills, better and larger ships, etc. - in fact Rome did slowly develop such things. Could such a Rome have developed industry in 200-300 years? Sure.
Iron Bridge wrote:Latin American institutions from the war to and (in different places to different extents) including much of the 80s were awful: although more in the 'chaos and civil war' sense than an actual consistent system of socio-economic organisation that is bad.
So Latin America from 1950 to 1990 was in a state of constant war? That looks like bullshit, and it is.
"Constant war," no, but constant political turmoil. Countries shifted either hard left or hard right (both of these had anti-market economic policies), then the other side attempted coups with US/USSR backing.
Of course to a racist supremacist all these "mud people" are always in chaos and war and they can't have anything else. I understand that you don't really even want to know the actual history of the place; the myth of it being some war-torn hell filled with worthless mud people who can't comprehend the glorious gifts of Western colonial opression is much more comfortable for a Western racist than the actual reality.
This shit is the Godwin's Law of this board; I consider it basically to be a concession. Though if you're interested (I am sure you are not), Argentina for one is almost entirely a white transplanted population yet of all the Latin American countries it crashed the hardest in relative terms between 1900 and 1980. Come back when you have a clue.
Iron Bridge wrote:Argentina was unique in adopting very good market institutions and becoming highly developed rather than just moderately so - that's why I said it was interesting.
Argentina became "highly developed"? Let's see. In 1928, the USSR had a GDP/capita of 1370, Argentina had a GDP/capita of 4291. By 1990, the USSR had a GDP capita of 6 894, Argentina had a GDP/capita of 6433. So Argentina with "very good market institutions" had thrice the GDP/capita of the USSR when it started building up its command economy. At the end, Argentina had a GDP/capita lower than the USSR. Are you sure that Argentina's advanced market institutions made it "highly developed"?
Did you read the posts from before you joined the thread? The 1910s and 20s
is when Argentina had advanced market institutions was highly developed. Argentina's shift away from market institutions began in 1916 and took a few decades to complete. That 6.5k put it up with the European powers, at that time. Let's ignore WWI, which was not a result of Argentine economic policy. In 1913, Maddison lists Argentina at $3,797, richer than France ($3,485) and Germany ($3,648), although poorer than UK and US, just below and above $5k respectively. btw, Maddison lists Argentina GDP per capita in 1928 as $4,291, so I'm not sure where your figure is from.
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Look, I don't mean to be rude, but it's getting a bit stale. Your arguments are either based on claims or assumptions that are flat out factually wrong, or else would be correct except they're based on you misreading or misinterpreted what I have written. I argue for enlightenment and enjoyment, but this is getting pretty tedious for me. What I propose is instead of quoting every sentence again and getting yourself confused responding to references to references to posts addressed to other people on page 2, just write a brief argument (2-3 paragraphs) about either 1. why you think conditional convergence theory based on having free market institutions is wrong or 2. what theory you would propose instead and why it is better than mine. I will then post a response.