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The more the government is involved in managing the economy, the more corrupt it (usually) gets. China's economy, while allowing private ownership, is heavily
by jazzyk 11y ago
The more the government is involved in managing the economy, the more corrupt it (usually) gets.
China's economy, while allowing private ownership, is heavily influenced/controlled by the government. Hence corruption.
The US economy has turned statist - cue in the lobbyists looking for favors.