Two and a half years ago Lula, he of the Foro de Sao Paolo, was at the White House warning about protectionism.
Yesterday in Russia, Dimitri Medvedev was warning about big government,
“The proposition that the government is always right is manifested either in corruption or benefits to ‘preferred’ companies,” he said.
“My choice is different. The Russian economy ought to be dominated by private businesses and private investors. The government must protect the choice and property of those who willingly risk their money and reputation.” …
“Corruption, hostility to investment, excessive government role in the economy and the excessive centralization of power are the taxes on the future that we must and will scrap,” he said.
EVEN THE RUSSIANS HAVE FIGURED IT OUT!