Hacker News Reader

There's little incentive to start a business when the government or mafia-like oligarch can shut down or take your business or profits at their whim. Also capitalism and startups are a culture. People who don't grow up around others that think like that don't ever learn how to think in that way.

View on HN

> the government or mafia-like oligarch can shut down or take your business or profits at their whim

That's up to Putin. I think the Oligarchs have perhaps lost there power and leverage within the last 10 days.

> Also capitalism and startups are a culture. People who don't grow up around others that think like that don't ever learn how to think in that way.

This is where China steps in. They offer to build factories / infrastructure in exchange for oil & gas. This is what they have been doing in Africa.

Reply on news.ycombinator.com