Unfortunately, this trend is still not reversed. People have no freedom of work and investment opportunity. They cannot own land and accumulate wealth. The government, on the other hand, can own land and accumulate wealth through various means for itself. One has to give bribes and gifts to officials to start business.
Banks frustrate depositors and borrowers with their bureaucratic red tapes.
People go through a humiliating experience of being searched before they enter a bank or any public premise. The government is heartless in laying off employees en masse without any compensation. Government employees live in constant fear of losing their jobs and most have nothing to lean back on if they get laid off. Those who are laid off could not get loans or other assistance to start their own business. The state banks charge, in interest and fees, ten times what it costs them to borrow the money from international lenders.