Without divulging problematic details about the industry I work in, let me say that government incentives in the US are not much better. In the industry I work

Without divulging problematic details about the industry I work in, let me say that government incentives in the US are not much better. In the industry I work in, the government can step in and crown winners and losers with various grants and subsidies. These grants and subsidies are so lucrative in fact, that many businessmen in this space are really not entrepreneurs so much as expert lobbyists. The net result for society is actually much worse than just free market competition, because the companies that just focus on product can actually end up worse off than the companies with third-rate products that focused on making friends with politicians and bureaucrats. And yet the industry is addicted to these subsidies and contracts. Its the only way of doing business that they are familiar with. They can't imagine the same industry without the government's involvement. As a result, I think the American industry is about to have an existential crisis when competitors from abroad arrive on these shores with new products that are actually built for novel markets, and not for a bureaucratic selection committee.