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US, EU economic system struggling to 'survive' against China, US trade chief warns
(www.euractiv.com)
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“Now, no one — certainly not me — is discounting the power of markets,” Sullivan noted at the time. “But in the name of oversimplified market efficiency, a large non-market economy had been integrated into the international economic order in a way that posed considerable challenges.”
HORSESHIT. Boils my blood hearing rich industrialist propaganda on why they run and cry to their government about having to compete.
Translation: "We lied to you all about government ownership of businesses being a bad thing. We're going to keep lying and hope you're too stupid to realize it, dipshit."
You can just say capitalist propaganda lol