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by jauco 5 days ago
They do actually. There’s a fair bit of critique you can level at the system from a country-wide economic perspective and especially from a world-trade perspective, but they did manage to get a system in place where a central government can influence both the area and speed of innovation.

The main thing they do is stack the market to be very favourable for a given industry and then have extreme competition between the companies.

1 comments

Extreme subsidy between the competitors.