“The last hold-out is no longer holding out.  North Korea now allows collective farms to lease land to peasants. The peasants pay 30% of the crop to the collective. We can be sure of this: output will rise. This is what Deng did in 1978. He freed up agriculture. The boom began within a year. The peasants will buy into this if they believe they will really get to keep 70%. They are suspicious. But if the collectives abide by the rules, Communism is finished. The experiment has failed. Celebrate. Light up a Cuban cigar. (No. Sorry. That’s illegal in the land of the free and the home of the NSA.) May the lights come back on in the North.”

http://teapartyeconomist.com/2013/07/19/no-more-communism-north-korea-capitulates-farming/

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