A true free market doesn’t require joint ventures either. There is no true free market worldwide and really, never has been. it’s a concept, not a reality.
It’s fine to be against IP rights but they serve a purpose. If China don’t wish to honour them, they could leave the wto. They won’t though.
China: Does a free market capitalism
Western nations: No, not like that!
Capitalism has never been about playing fair.
It’s always built around what makes rich people richer the fastest.
Corporate espionage and requiring western comoanies to partner with local companies or government is not free market capitalism, but it worked.
A true free market doesn’t have IP rights. Corporate espionage absolutely is end game free market.
A true free market doesn’t require joint ventures either. There is no true free market worldwide and really, never has been. it’s a concept, not a reality.
It’s fine to be against IP rights but they serve a purpose. If China don’t wish to honour them, they could leave the wto. They won’t though.
Hiring critical staff for more money? Leveraging regulatory capture to acquire trade secrets?
It’s exactly free market capitalism. It’s how the late stage free market will always play out.