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A state-directed control of capitalism, of which the façade will be dropped immediately if their ironclad control of the political will is threatened for a seco
by sodality2 5y ago
A state-directed control of capitalism, of which the façade will be dropped immediately if their ironclad control of the political will is threatened for a second. They have punished huge companies for placing profit over human life, because it threatens "communist values". In my opinion that is placing principles over profit. Despite these principles being what they are. That is not a value judgment of China, simply a statement that they are not willing to throw away a percentage point of authoritarian control for a few more bucks.
> China has one primary governing principle, which is to keep the CCP in power.
Yes, which they place above profit motive. It seems like you agree with above
- astrange 5y agoIt's strange to claim US companies all put profit over everything when they're not nearly dynamic enough to do that. Why do mattress companies sell mattresses instead of cocaine? That'd be more profitable.