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> The simple truth is China would not have been able to achieve the scale of productivity and growth that it has

In plan economy, controlled corruption is a feature not a bug

Can you explain more? What's the theory or practice behind corruption adding benefit to the extent that you want to work it in?

It lets entrepreneurs bypass bureaucracy

Good point. Makes sense. Doesn't that mean West will need to either: loosen regulations, or permit corruption to, if it's going to compete?

Maybe the whole "VC industry" is essentially a form of "organized corruption" ha! sometimes I guess I think so... :) haha