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RE: How Taiwan Industrialized Post WWII And Proved The Capitalist Model More Successful Than China's Communist Model

in #life5 years ago

What part of this prosperity do you think is owed to the legally splitting people from working in both government and private industry ? Interesting concept.

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Im not sure what percentage but it has definitely helped the economy become much more profitable. State run businesses almost always end up making less than privatized ones, because privatized companies skim the fat and unneeded costs.