The Wall Street Journal published an article on the demise of communist china's capitalism. A friend wrote the book All Roads Lead to China. He often said that China was more capitalistic than America. It was. China's capitalism exists only because the Chinese government allowed it to exist. It exists in an artificial bubble created by the communist Chinese government. The bubble is about to pop because communist control is killing the golden goose, as so often happens. Capitalism, which is free enterprise based on the individual's right to ownership of property, can easily be crushed by an over-aggressive government. This is what we see in China today................To Read More
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