That's actually not what it shows. It shows that the free market focused development model which was popular across the entire rest of the world did not, in aggregate, reduce abject poverty.
> It’s pretty clear even “state capitalism” leads to wealth and the elimination of abject poverty.
What even is the difference between such heavy state capitalism and socialism? Socialist economies existed with various level of market involvement and economic freedom, see Lenin's NEP - was the USSR initially a champion of free market reform?
You are mixing up democracy and capitalism. All democracies happens to be capitalist today since people quickly vote away communist leaders when they can, but that doesn't mean that democracy and capitalism are the same thing. China can be capitalist without democratic elections, I'd argue that is where they are today and where they have been since the "Chinese miracle" started.
> It’s pretty clear even “state capitalism” leads to wealth and the elimination of abject poverty.
What even is the difference between such heavy state capitalism and socialism? Socialist economies existed with various level of market involvement and economic freedom, see Lenin's NEP - was the USSR initially a champion of free market reform?