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Phrasing it as the "Western understanding" of how market economies work suggests there's an alternative, perhaps in your view more correct, understanding of how
by joenot443 3y ago
Phrasing it as the "Western understanding" of how market economies work suggests there's an alternative, perhaps in your view more correct, understanding of how markets work. Usually we don't use the phrase "Western understanding of gravity", despite it being originally formalized in the West.
Is that your intention here? If so, what would be a more suitable market environment to allow for your production of no-name inkjet printers? :)
- tobwen 3y agoOh sorry, I thought it had become commonplace that the free market economy was more a construct of the "West" (Europe and USA) and that communism and Marxism were the driving forces behind the market in the "East" (Russia, Asia). Sorry, that was in no way meant to be pejorative. I'm not an economist and for sure not a racist.
- simne 3y ago> communism and Marxism were the driving forces behind the market in the "East" (Russia, Asia). Could you provide some examples of technological innovations, created in Asia and driven by communism? Because, as I know, all modern high tech in Asia are made for free market, driven by will to earn money, or copy-pasted from earlier development from other countries.