Why did free market capitalism succeed in Chile and fail terribly in Russia?
Free market Capitalism saved Chile from the typical corrupt oligarchic culture in Latin America, but corruption continued in the 90s in Russia
Russia vs Chile
Jaxson Diaz
Samuel Foster
>slavs
>being successful at anything
Colton Wilson
Russia was systematically looted and disgraced. Hard to build anything from that. That it managed anything is why Putin is genuinely appreciated.
Julian Ortiz
The only reason Putin rooted out corruption is because he hated competition.
Thomas Hughes
>Why some important U.S. allies get technology factories and investment from the U.S., while opponents get a ton of sanctions
Anthony Hill
Fucking moron . Putin looted funding for modern warcraft which is why they're not sending in their best equipment.. they never built them. He lives in a fucking palace
James Sanchez
>Why a land power never built a fleet. Reddit answers
Nolan Cox
>Free market
>China
Baizuo knows nothing about what he says, sad! China is state capitalism at its finest, it doesn’t allow the woke “free market” to run rampant replacing its workers with foreign ethnics
John Barnes
>China
>Chile
Isaac Foster
>and fail terribly in Russia?
Because it never was free. Rich people in Russia are Soviet-time party members or children of influential parents. In some cases, some fusion between government and criminal world. They've started capitalism with enough power to force needed laws or hire police and judges to do their bidding.
Capitalism in Russia has never been an open competition, but rather a form of reward for the government-affiliated people.
Kevin Cruz
Another reditor/bot. The market has never been globally free. If you don't want to sell oil for dollars you'll be hanged like Gadafi. If you want to sell to technology Russia, they will cancel you. The sanctions imposed on the USSR have not been removed from Russia. If you decide to buy a Twitter, your company will be removed from the SP500
Elijah Gray
Eli Bell
>Russia
>Free Market
Russia was never a free market, after the USSR fell all the old generals swooped up all the businesses so they could continue living their lifestyles. Even now they are similar to China with how big companies have to be in hands with the state.
NATO SUPERIORITY
Henry Murphy
Two identical posts from a bot
Blake King
>two people agree on something = bot
This is why you're losing.
Joshua Roberts
Kek, why the self loathing. The Czechs and Slovenia seem to be successful
Chase Bailey
Were there not genuine attempts for investments into 1990s Russia?
Xavier Long
I clearly wrote Chile you retard lmao
Nathaniel Morris
>Russia
>Free market
lmao
You can trace everyone with a successful business in Russia to a government official or a family that held high status during the USSR.
Josiah Williams
So it was more of crony capitalism rather than a free and open and competitive market…
I guess that’s the problem in second and third world countries, you get a distorted crony capitalism with no competition, and then people give up on capitalism
Ayden Adams
Pretty much.
To actually succeed in capitalism you need to completely eradicate the power structure or else you'll just get oligarchs that dictate who gets a pass.
Brayden Stewart
>If you decide to buy a Twitter, your company will be removed from the SP500
>capitalism
Cameron Murphy
Because you don't give huge industries like steel, oil and gas to kike oligarchs, basically letting others rob your country. Privatization had to happen in the middle class, they should have just let people open up shops for shoes or invest into entrepreneurs.
Julian Brown
Not that I'm against capitalism and the free market, there are many places where it really works, in Liberia you can trade a baby for a goat. But when your company gets expelled from the SP500 for trying to buy Twitter, it's not a free market.