Thursday, October 23, 2014

Capitalism in Vietnam

Pew Global reports research findings that 95% of Vietnamese agree with this statement:
Most people are better off in a free market economy, even though some people are rich and some are poor.
Remember that Vietnam is officially a Communist nation, and Party propaganda is widespread on billboards and posters along the streets. Therefore we should be surprised at Pew's finding, yes?

Not if you've traveled to Vietnam as the DrsC have done. Capitalism is vibrantly alive in this supposedly socialist paradise, just about everywhere you go.

Every new Vietnamese home includes a shop on the ground floor and living quarters above. If the homeowner's family is too busy to run the shop, they rent it to someone who cannot afford to own a house but wants to be a shopkeeper.

Hat tip to Instapundit Glenn Reynolds for the link, he wisecracks: "So I guess we won that war, then." Ideologically, we certainly did.