The corruption in Russia is well known when it comes to business endeavors. Still, Russian businesspeople, even though they deal with crime and corruption, graft and extortion, consider themselves entrepreneurs. Indeed in those types of situations, they are the only real entrepreneurs, even if their system is full of corruption.
In Socialist countries, where the government runs everything (or tries too), there are very few real entrepreneurs, however, one could say that those businesses that participate illegally in the underground economy selling contraband are indeed entrepreneurs in their own right. One does not have to condone the illegal activity… Continue reading
