An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, November 23, 2020
Alibaba's CEO said China's new tech regulations are 'timely and necessary' as the nation aims to keep internet firms from growing into powerful monopolies — Katie Canales
Harnessing cowboy capitalism in China's tech industry.
Harnessing cowboy capitalism ... Tom Hickey
ReplyDeleteThat's a fatal conceit - thinking that one can regulate injustice rather than abolish it.
How well is that working for the West?
Cowboy capitalism is mainly in Africa.
ReplyDeleteSo would-be monopolists and would be-banks in China don't want to be regulated. What surprise....:-)
ReplyDelete