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hearty770

3 karma · joined September 1, 2013

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hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
China and Russia have been capitalist for decades. Russia is doing far better than its communist days, not to mention China.
hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
I think Cuba tried that already in the late 50s.
hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
Do you have any evidence or probable cause for your claims about "private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations"? Admissible evidence only, please.

"They didn't build the infrastructure they use (roads/water/electricity etc.). Governments did."

This is just ignorance I'm assuming. In America and the rest of the developed world, governments submit RFPs to solicit bids from private corporations. Private sector companies build the infrastructure, not the government. If your argument is that the government funds those projects, I simply ask you to think where the government gets that money.

hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
...funded by profits generated from the private sector?
hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
And where did governments get the funding for those investments?
hearty770··on It’s a Myth That Entrepreneurs Drive New Technology
You do realize China has had a capitalist economy since the 70s, while Russia has had one since the early 90s, right?