Again, neoliberalism does equate to capitalism, as said before. One country doing poorly with their nation does not mean the entire system is all horrible and we need to switch to socialism. Seriously, socialism doesn’t work, and there are examples of that in many countries that have tried socialism but ended up failing because of poor funding from the government because they just can’t afford to keep the people fed. Other socialist governments like Vietnam had to adopt capitalist policies because the economy has stagnated, because they realize that socialism doesn’t entirely work. Even China, a communist government, had to adopt capitalist policies because an economy that’s entirely communist doesn’t work either. Capitalism is superior and these two countries know that, that’s why these nations are successful.
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