Want Daily SOF News Articles and Job Listings Delivered to Your Inbox?
With the US and China, Two Types of Capitalism Are Competing With Each Other | ProMarket
Source: Flickr photo by Richie C // CC By-NC-SA-2.0

With the US and China, Two Types of Capitalism Are Competing With Each Other | ProMarket

Capitalism lives in two main forms on different sides of our world, a Western people-led liberal capitalism and a China/Russia guided form led by the state. Throughout the past, countries had to live and cooperate with each other while they had different methods of production. While capitalism shared the world with communism after the Russian Revolution, only very small areas don’t practice capitalism today. This approach to industry heightens the exchange of goods and movement of capital.

Source: https://promarket.org/with-the-us-and-china-two-types-of-capitalism-are-competing-with-each-other/

%d bloggers like this: