Come again? China has to have more Government than the United States? For me the more Government there is, the less capitalist the country is and there is more Government in China than in the United States. US is not as capitalist anyway as it used to be by the same token.
Profit is not the defining piece of capitalism though. Read any writing on capitalism from Adam Smith to F.A. Hayek and you will see that it is more about the fairness in process than it is about profit. This fairness in process is driven by free markets, not government intervention.
Well said. I don't have the right words, and maybe I'm wrong, but I get the feeling that China's marketing is very agressively expansive, and I wonder whether that is part of a deliberate Government policy to dominate as many markets as possible, undercutting prices and providing cheap labour in countries all over the world, and presently specifically in Africa. Sort of part of a neo-colonialism drive, but on the back of a very aggressive economic expansion where they offload cheap Chinese products, cheap services and undercut prices of their Western competitors.
Sounds fair enough to me. I am almost right wing I guess. I am about two clicks right of Dick Cheney and Newt Gingrich.
Sounds fair enough to me. I am almost right wing I guess. I am about two clicks right of Dick Cheney and Newt Gingrich.
