Ask HN: Is it possible for a third world country to have a Silicon Valley?

Re:Ask HN: Is it possible for a third world country to have ... by protomyth on Monday November 22, 2010 @05:57PM (#1931630)

Any place that wants to be successful really needs stable rules. If a country doesn't protect property or people's economic freedom (move jobs, invest, sell) then I don't think you can get a successful environment for development. In other words, the little guy needs to be able to beat the big guy or the friends of the government.

[ Parent | on HN ]

Re:Ask HN: Is it possible for a third world country to have ... by marv_in on Tuesday November 23, 2010 @11:27AM (#1934190)

This is true too but this is why I am asking this question. Maybe someone has found a way around this.

As much as I agree that economic freedom is important, it's not like in hindsight richer countries were able to shrug off corporations and the little guy managed to beat the big guy.

If anything it was merely the allowance afforded by being a richer country and the competitive culture backed by a competitive and often (at the time) unique society/political education movement that created the sort of economic illusion of being free which allowed for the little guys to rise/want to rise.

I am merely stereotyping though and even in my attempts at stereotyping I could be wrong but considering the current state of the world (or mainly America), it just appears to be the correct assumption.

[ Parent | on HN ]