Wal-Mart Sizing Up East Asia

Summary


Here in the land of the free enterprise and home of the brave risktaker, I walk to work past 43 businesses, half chains. That's in four urban, mostly commercial, miles. Both sides of the streets.

Halfway around the world, in countries oft deemed here as backward or anti-capitalistic or both, you pass that many businesses per block. Per side. And they're mostly owner-operated, not links in some chain.

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Extract


Wal-Mart Sizing Up East Asia

Wandering into other lands is a reminder of how the U.S. has wandered beyond entrepreneurship into bureaucratic blahness -- private s...

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