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Yep. Just look at countries with unbounded capitalism, like Russian Federation after fall of Soviet Union. It was a mess. Developed countries installs thousand
by oneshtein 2y ago
Yep. Just look at countries with unbounded capitalism, like Russian Federation after fall of Soviet Union. It was a mess.
Developed countries installs thousands of regulations (100k - 2M regulatory acts per developed country) on top of wild capitalism to tame it.
However, even heavily regulated liberal capitalism is better than other systems.