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Truly. The US is going to have to deregulate and speed up if it doesn't want to be left behind.
by generalizations 2y ago
Truly. The US is going to have to deregulate and speed up if it doesn't want to be left behind.
- rapsey 2y agoWhen the guy in charge tries to do that he kind of gets called a fascist, an idiot and a nazi...
- 0_____0 2y agoIs creation of an SEZ and causing a metro of 8 million people in about 40 years an exercise in government restraint/deregulation? The US has to make forward thinking, intentional decisions about the direction of the country, and so far it seems to be delegating direction to folks who mostly want their own enterprises to succeed. Edit: 40 years not 4
- mahkeiro 2y agoCan you give me the example of one regulation that China doesn‘t have that make them more competitive?
- thenthenthen 2y agoNot sure if it is about regulations, companies are heavily regulated in their business scope and taxes (although taxes are low). It is more about internal competition maybe. Living in Shenzhen feels like a race to the bottom, involution[0] if you will. Unless you take part in the maelstrom, you are out. Practically this means to work 12 hours a day, 7 days a week for 200 dollars a month. How to compete against that? [0]https://www.newyorker.com/culture/cultural-comment/chinas-involuted-generation https://www.newyorker.com/culture/cultural-comment/chinas-in...