It is not just the West. India is an excellent example of failure at attempts of social democracy.
Inherent to social democracy is that there is no significant dictatorship against capital and therefore any progression in achieving a good standard of living will either not happen or if it does happen will require surplus value extracted elsewhere to slow down the reduction in the rate of profit. And to protect itself capital will resort to fascism.
Despite the above there is sort of an exception to the above in our timelime and it started after the October Revolution and started getting significantly slowed down/reversed around the time of the fall of the Soviet Union; it is effectively what we consider why the West is “developed” (mainly the threat of domestic worker revolutions and to invest in “human capital” to faster climb the tech ladder due to USSR accelerated development in attempts again to maintain profit):
It is not just the West. India is an excellent example of failure at attempts of social democracy.
Inherent to social democracy is that there is no significant dictatorship against capital and therefore any progression in achieving a good standard of living will either not happen or if it does happen will require surplus value extracted elsewhere to slow down the reduction in the rate of profit. And to protect itself capital will resort to fascism.
Despite the above there is sort of an exception to the above in our timelime and it started after the October Revolution and started getting significantly slowed down/reversed around the time of the fall of the Soviet Union; it is effectively what we consider why the West is “developed” (mainly the threat of domestic worker revolutions and to invest in “human capital” to faster climb the tech ladder due to USSR accelerated development in attempts again to maintain profit):
https://redsails.org/concessions/