- May 10, 2011
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I think it's because China allows a certain level of private enterprise. Although the government ultimately owns everything, they allow for people to pass their government owned lease to their children. Businesses while ultimately controlled and regulated by the government are given leeway for invention and personal entrepreneurship while cashing in on the profits from the business there seems to be more incentive to start a business. I believe in the Russian Communist model, the government owned and ran every aspect of life on all levels making room for mor corruption and a culture of doing the bare minimum to keep your job rather than work as hard as you can to grow your business.
What do you think?
What do you think?