The Money Farmers: How Oligarchs and Populists Milk the E.U.

Re:The Money Farmers: How Oligarchs and Populists Milk the E.U. by JMTQp8lwXL on Sunday November 03, 2019 @02:59PM (#21436177)

There's an aspect of cronyism present in Russia and former soviet states that isn't present in the west. But make no mistake, we don't have free markets in the US. We have players that get large, then strong-arm their way into creating regulation preventing new players due to too high of entry costs, or regulatory capture occurs.

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Re:The Money Farmers: How Oligarchs and Populists Milk the E.U. by darawk on Sunday November 03, 2019 @03:10PM (#21436254)

This is a misleading way to frame it though. In the US, regulation creates speedbumps to competition. In Russia, competition will get you thrown in jail or killed.

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