Originally Posted By: krzyss
Originally Posted By: Evanson
They don't have people who deny the problem nor corporations that have so much power they shape regulations and get away with poor practices.
It does not get any bigger than companies owned by government. And biggest of them all are companies owned by military or secret police.
Krzys
Are you talking about China or the US now?
China has used capitalism to become an economic powerhouse. The government is definitely involved with infrastructure decisions but what makes it work is the private profit motive.
Otherwise you wouldn't have this outcome:
http://en.wikipedia.org/wiki/List_of_countries_by_the_number_of_US_dollar_billionaires
Originally Posted By: Evanson
They don't have people who deny the problem nor corporations that have so much power they shape regulations and get away with poor practices.
It does not get any bigger than companies owned by government. And biggest of them all are companies owned by military or secret police.
Krzys
Are you talking about China or the US now?
China has used capitalism to become an economic powerhouse. The government is definitely involved with infrastructure decisions but what makes it work is the private profit motive.
Otherwise you wouldn't have this outcome:
http://en.wikipedia.org/wiki/List_of_countries_by_the_number_of_US_dollar_billionaires