I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.
Revenge for a terror attack is ideal for Putin's model. His propaganda machine will be filled with scenes of crash victims if [Vladimir] Putin sees the need for a larger war to stoke his domestic support again as the Russian economy teeters.
I would not draw definitive conclusions from that. If we look at South and North Korea, it is pretty hard to believe that we're dealing with the same people. Half of the people are forced to live in a concentration camp; the other have created one of the most dynamic economies in the world.
If we look at everybody's darling, China, there is an analogue called Taiwan that is inhabited by the Chinese as well. But the standard of living and of innovation of the Taiwanese economy cannot be compared with the Chinese growth rate.
We can't attribute a long history of democratic traditions to Japan, either, but today Japan boasts a fully-fledged democracy in which governments change according to democratic procedures. It's no coincidence that the Taiwanese, Japanese, and South Korean economies are among the most innovative in Asia.
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