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What you mean to say is the US needs to become capitalist again. China is ahead because in many ways they are more capitalist than the US. In China strong firms
by ghostabdi 2y ago
What you mean to say is the US needs to become capitalist again. China is ahead because in many ways they are more capitalist than the US. In China strong firms survive and weak ones die. The opposite of this happens in the US, the government will prop up the likes of Boeing, Ford, Wall Street all simply because they are too big to die even though they are not the best at making planes, cars, financial products etc...