Saturday, April 25, 2015

Good explanation of state capitalism in Asia

Ian Bremmer: State Capitalism 
https://www.youtube.com/watch?v=4Fn33n4Csi0

"In state capitalism the state is the referee and one of the teams is stacked with the refs friends and family and they only bother to tell that team what the rules are... and that is a rather different game than the one we're used to playing in the internatinal economy."

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