Currently there is a great deal of admiration in the American business press for nations like China and Vietnam. They are great places to invest, we are told; and we are told this with great confidence. One of the reasons they are great places to put your business or your money is the lack of “uncertainty.” You see democracy is messy while human rights crushing totalitarian regimes are predictable. A democratic country might consider raising the minimum wage while a Chinese regime can assure companies that such a thing will never happen.
However, there are occasional down sides to totalitarian Communist societies however friendly they may be to American business. One of these downsides is that their ability to keep secrets means they can do unethical, bizarre or ridiculous things without hindrance. Of course, sometimes when a large nation does these things the results can last much longer perhaps for as far as humans can perceive.
Please enjoy the article.
via Sometimes Interesting