nakedempire


The American Empire in a Changing World



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Tuesday, March 27, 2012

''America’s market capitalism vs. China’s state capitalism''

From AEI

"While China does have tech companies that mimic the features of Google, Facebook and Twitter, note that those Western companies haven’t been able to operate in China. What China wants is not an environment where tech revolutionaries can flourish; it wants Chinese, state-run versions of these startups, which means it will never foster the entrepreneurial spirit that makes companies like these possible."

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