Mar 27
In response to Steve’ question on
what is the difference between Chinese version of capitalism and American version of capitalism, I think there are many. The most important, I think, is the respective role of government, market in running / in governing the economy. Another important aspect, I think, is the goal of economic prosperity. China takes a more “holistic,” perhaps results-oriented view to economic prosperity whereas America tend to take (historically at least) a more “individualistic,” equal-opportunity point of view.
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