3 ms·
The countries that allowed things like Starlink to be built also had regulations to protect democracy from the power of money, such as media ownership rules, ca
by guelo 2y ago
The countries that allowed things like Starlink to be built also had regulations to protect democracy from the power of money, such as media ownership rules, campaign finance laws and high marginal income taxes. Those have all been swept aside.
- kragen 2y agoIt isn't clear that democracy is a prerequisite. The UK was a monarchy, albeit a parliamentary one, in the 19th century. The PRC was a one-party state with strictly limited political freedom in the period 01980–02015. Germany in the late 19th and early 20th century was a monarchy. Taiwan was a single-party state under martial law. Freedom of entrepreneurship and the resulting industrialization is clearly not dependent on democracy.