Confused by (so called) "capitalism"
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Its a kind of psuedo-capitalism, with private enterprise exitisting, but with the government playing a heavy hand into who is sucessful and who is not. A sort of central planning economy, but with a touch of privatism. Also, their free-trade zones are totally capitalist, and they are experimenting with more and more of them. Also, my own comment about pros and cons about capitalism/communism One of the best things about the central planning systems of communism is that the governmnet has the political will to make radical changes for the greater good when necessary. The downside is that the economies are not flexible. As there is no incentive to innovate, economies will stagnate until they are forced to innovate (wars?) This is why I think that the Soviet Union rebounded after WWII. The war forced them to innovate and got them (relatively) modern technology.