What is the characteristic emphasis of the fourth kind of capitalism mentioned in the text (omitted by Thurow and others)?
A) Focus on community building
B) Management by the trade unions
C) State capitalism
D) Feudal-capitalist nexus
E) Network of personal connections

Question

Quizplus · Accepted Answer

Thurow and others writing in this area omitted a fourth kind of capitalism-that common in Chinese cultures. Its distinguishing characteristics are a more entrepreneurial approach and an emphasis on guanxi (one's network of personal connections) as the coordinating principle among firms.

What Is the Characteristic Emphasis of the Fourth Kind of Capitalism