Friday, June 4, 2010

Variation of Capitalism in the West and the East

The U.K and the U.S. have practiced the “Anglo-Saxon” variation of capitalism.

Japan and Korea have practiced the “Asian” variation of capitalism.

We know the difference and the common factors between these different versions of capitalism.

What has driven the demise of the Western industrialized economies?

How has Japan built its economy and fell into its declining path?

Where does China stand on this?

How have global forces played out?

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