4 ms·

> >the state can still manufacture startups because these companies will get the red carpet from every other institution. > They may get some prestige, but I'm

> >the state can still manufacture startups because these companies will get the red carpet from every other institution. > They may get some prestige, but I'm sure a lot of startups fail eventually. Yes, but you are underestimating the ways the state itself may "help" a company fail. Ever had all your accounts blocked for an accounting misunderstanding of $500? Had the state not pay back the money they owe you while they wait on the statute of limitations or companies suing them? Delay VAT refunding thereby reducing your cashflow?

morningseagulls 7y ago
>>>the state can still manufacture startups because these companies will get the red carpet from every other institution. >Yes, but you are underestimating the ways the state itself may "help" a company fail. Yes, but this also undermines your point that government-manufactured startups will necessarily get red-carpet treatment. Like I've said earlier, Malaysia is more like Romania, and the examples you've listed are peanuts compared to the kind of shenanigans you can get in Malaysia. I mean, this is a country whose PM is a nonagenarian who's made a spectacular political comeback [0], after having defeated his protégé [1] and his former party [2], and who's known for sending another protégé to jail on sodomy charges.[3] It's also a multi-ethnic country where the privileged status of the majority ethnicity is constitutionally protected[4] and backed by active affirmative action policies.[5] Which is why there's so much skepticism in this thread about the whole thing. [0] https://en.wikipedia.org/wiki/Mahathir_Mohamad https://en.wikipedia.org/wiki/Mahathir_Mohamad [1] https://en.wikipedia.org/wiki/Najib_Razak https://en.wikipedia.org/wiki/Najib_Razak [2] https://en.wikipedia.org/wiki/United_Malays_National_Organisation https://en.wikipedia.org/wiki/United_Malays_National_Organis... [3] https://en.wikipedia.org/wiki/Anwar_Ibrahim_sodomy_trials https://en.wikipedia.org/wiki/Anwar_Ibrahim_sodomy_trials [4] https://en.wikipedia.org/wiki/Article_153_of_the_Constitution_of_Malaysia https://en.wikipedia.org/wiki/Article_153_of_the_Constitutio... [5] https://en.wikipedia.org/wiki/Bumiputera_(Malaysia) https://en.wikipedia.org/wiki/Bumiputera_(Malaysia)

morningseagulls 7y ago

>>>the state can still manufacture startups because these companies will get the red carpet from every other institution. >Yes, but you are underestimating the ways the state itself may "help" a company fail. Yes, but this also undermines your point that government-manufactured startups will necessarily get red-carpet treatment. Like I've said earlier, Malaysia is more like Romania, and the examples you've listed are peanuts compared to the kind of shenanigans you can get in Malaysia. I mean, this is a country whose PM is a nonagenarian who's made a spectacular political comeback [0], after having defeated his protégé [1] and his former party [2], and who's known for sending another protégé to jail on sodomy charges.[3] It's also a multi-ethnic country where the privileged status of the majority ethnicity is constitutionally protected[4] and backed by active affirmative action policies.[5] Which is why there's so much skepticism in this thread about the whole thing. [0] https://en.wikipedia.org/wiki/Mahathir_Mohamad https://en.wikipedia.org/wiki/Mahathir_Mohamad [1] https://en.wikipedia.org/wiki/Najib_Razak https://en.wikipedia.org/wiki/Najib_Razak [2] https://en.wikipedia.org/wiki/United_Malays_National_Organisation https://en.wikipedia.org/wiki/United_Malays_National_Organis... [3] https://en.wikipedia.org/wiki/Anwar_Ibrahim_sodomy_trials https://en.wikipedia.org/wiki/Anwar_Ibrahim_sodomy_trials [4] https://en.wikipedia.org/wiki/Article_153_of_the_Constitution_of_Malaysia https://en.wikipedia.org/wiki/Article_153_of_the_Constitutio... [5] https://en.wikipedia.org/wiki/Bumiputera_(Malaysia) https://en.wikipedia.org/wiki/Bumiputera_(Malaysia)