The government control of economics
By Evgeny - Last updated: Monday, April 6, 2009 - Save & Share - Leave a Comment
Last month the free trade and free market supporter Dmitry Medvedev attacked “selfish” banks. Obviously it was a result of the corporation’s lobby. I think it was a movement to defend struggling producers from lenders that resist rescheduling payments.
President Dmitry Medvedev said it was not a time for “corporate selfishness” and also: “We can’t sacrifice the future of entire enterprises and the employment of many thousands of workers to satisfy the ambitions of individual lending institutions… It’s time to end corporate selfishness”.
So the Russian Federation demonstrates a state regulation of economics as other countries all over the world during the financial and economic crisis.