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by chaostheory 3360 days ago
Yes the key word is 'at the top'. For example it is way harder and much more rare to bribe a police officer or a teacher to get out of a ticket or get better grades in the West. The difference is the pervasiveness and acceptance of corruption. This matters for innovation. When everyone doesn't respect the rule of law, then stuff like investing in intellectual property gets completely thrown out the door. In China's defense, the West is going the other extreme which isn't good either