Thursday, January 19, 2012

What do people think of unfettered capitalism as it is practiced in China (see details)?

We have a nice little experiment going on in the most populous country in the world. Capitalism is flourishing and for the most part, there is very little government regulation into how companies are doing business.



The government's role is to promote their national industries and aid them in doing business with the rest of the world. But safety rules, labor regulation, and quality inspections are practically nil.



The results have been seen here, with poisoned pet food, exploding tires and cell phone batteries, tainted antibiotics etc flooding the US market. Imagine how bad it is on the shop floor of a Chinese factory!



The other side is that recently, Chinese government officials have been found to have accepted bribes from Chinese companies to look the other way on enforcement of what regulations they do have. A couple of top officials have been arrested and quickly EXECUTED. How about that for accountability!



What do Americans think of this system?What do people think of unfettered capitalism as it is practiced in China (see details)?
We went through the same thing. It is part of the growth system. That controls will come and the businesses and workers will be better off and communism will die. The child that is learning makes many mistakes but you would not consider a lobotomy for the child to make it stay a child and curtail it's mistakes.



I think the man deserved to be executed and if we enforced our laws we would be better off too.What do people think of unfettered capitalism as it is practiced in China (see details)?
So which is it? Unfettered Capitalism or people being executed for corruption?What do people think of unfettered capitalism as it is practiced in China (see details)?
pure propaganda!!!
If your a employer great.



If your a worker..well theres the razor blade and the sleeping tablets, and try not to get blood on the floor..





Unfettered Capitalism - great if everyone is a employer..I suppose....wherever that is.
  • d3100
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