
i look at singapore where there’s free markets, but companies have to abide by the rules or executives get whipped. there’s also taiwan who embraced capitalism with rules and is now 3x more productive per capita than china. they posted a 25% trade surplus for Q1, which they funnel into their insurance company to keep their currency competitive. look at the IMF data mapper for singapore and cambodia.
capitalism is when companies are free to make LAWFUL decisions without the government interfering. if they follow the law, companies are free to act however they want. (breaking the law like corruption, environmental pollution, exploiting workers, misusing funds, which are all SERIOUS crimes in SG)