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Well... The Chinese are "moving to the Chinese model" too, so idk if it's right to call it chinese. I think the model is the same, and all major economies are g
by dalbasal 9y ago
Well... The Chinese are "moving to the Chinese model" too, so idk if it's right to call it chinese. I think the model is the same, and all major economies are going that way. The cultural & legal differences make for different ways of describing and justifying things but.., they don't seem to amount to a huge difference.
Baidu was essentially picked by the CCP, as the Chinese Google. Google was produced by the "free market." The end result is the same. Similar privacy/surveillance implications, similar business models. Similar market share (monopoly). I bet the offices look pretty similar too.
Generally speaking, I am very skeptical of free market ideas applied at the >$1bn level. Corporations that size have political power, inevitably. They also tend to operate in less dynamic & competitive environments. The power differential between them and the employees they are "freely transacting" with are huge. Mostly though, it's the political thing. A mayor of a city is not going to ignore a $5bn going under, or moving away. They have influence on the rules that get made.