Difference in Economic Systems due to Culture… (East vs West)

It’s really not different view based on Socialist ideas and Capitalist ideas.  It’s more due to the  difference in culture:

  • Eastern culture trends to “usefulness” – efficient, beneficial  ; Western culture focuses on “emotional” needs, to make everyone “feel” better
  • Eastern culture wants technology to be “understood” by people, or to be useful  –  Western culture wants people to “understand” technology
  • Eastern culture focuses on what you “NEED”, Western culture focuses on what you “WANT”

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