4 ms·
In a capitalist society in which most markets are monopolized and industry regulatory agencies are captured there exist similar conditions to soviet union ineff
by thatcat 10y ago
In a capitalist society in which most markets are monopolized and industry regulatory agencies are captured there exist similar conditions to soviet union inefficiency as the author mentions - even if you call it capitalism; which differs significantly from the initial freedom of markets that capitalism creates as seen in 90s Russia.