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Politics : Mainstream Politics and Economics

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To: Steve Lokness who wrote (7037)	1/21/2012 3:22:41 PM
From: TimF	4 Recommendations of 85487

Today, China, is a far better example of capitalism than America is. No it isn't. Things might be moving towards that being true. We are slowly becoming less capitalist, while China is becoming more, but for now there is still a lot more state enterprise and political interference with the market in China than in the US. Maybe in China you can get around the interference more with bribes or connections, but only up to a point. They represent a favored few who have climbed in bed with politicians - from both sides. All the more reason for the government to have less control over the market. You think (with some justification, even if things might not yet be quite as bad as you present it) that the big business use government to tilt the playing field to their advantage. Then why would you want government setting the rules? Government doesn't (for the most part) act as a balance against powerful corporations, the more powerful and active government is, the more corporations can tilt the playing field. PJ O'Rourke put it well - "When buying and selling are controlled by legislation, the first things to be bought and sold are legislators."

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