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Say what you will about China, but it's really interesting seeing the huge contrast in the relationships both countries have with their large corporations. The

Say what you will about China, but it's really interesting seeing the huge contrast in the relationships both countries have with their large corporations. The USA does put effort to curb these types of efforts, but not enough imho. I'm no historian, but I feel like there was a point where the USA just decided to throw its hands up in trying to regulate big companies. I wonder what needs to happen for the political tide to change.

seibelj 5y ago
China is a corrupt authoritarian dictatorship. They are not someone that countries with the rule of law should try to emulate. I recommend this book if you want an insider’s view of how China really operates: Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China https://www.amazon.com/dp/1982156155/ref=cm_sw_r_cp_api_glt_fabc_YZQK8GJE3PAE0KFCHT1T https://www.amazon.com/dp/1982156155/ref=cm_sw_r_cp_api_glt_...
- mewbear3 5y ago
  Given the rapid development of China, I think this phase of corruption would be gone relatively quick compared to the same phase in US history. Xi Jinping also started a campaign for new type of state and business relationship https://blogs.lse.ac.uk/cff/2020/11/23/state-business-relations-under-xi-what-has-and-hasnt-changed-and-what-are-the-implications/ https://blogs.lse.ac.uk/cff/2020/11/23/state-business-relati... http://www.ecns.cn/m/2016/03-06/201698.shtml http://www.ecns.cn/m/2016/03-06/201698.shtml
- pksebben 5y ago
  To say that we operate on "the rule of law" is a little silly at this point in history, isn't it? We have corruption just as bad if not worse, only in the US we've legitimized more of it and driven it further under the proverbial rug. Am I about to move to China? No. But let's not climb atop such a shaky pedestal.
  - seibelj 5y ago
    To truly think that the rule of law in America and China are even remotely close, and that the average citizen is equally treated by the law in each country, is so absurd that you must be living in some sort of politics bubble, or simply have zero idea of how these country’s legal and political systems operate.
    - pksebben 5y ago
      They aren't close; that's not what I was driving at. China's problems and ours are leagues apart in terms of quality. However, we do have a history of: - assassinating and locking up political dissidents (see: Black Panthers. Yippies. Che.) - selling out politics to elite private interests (see: congress) - spying on our own citizens (see: COINTELPRO, snowden leaks et al) It's a different flavor, but don't kid yourself; we suck real bad.
      - seibelj 5y ago
        10 out of 10 times would rather be arrested in America and prosecuted in the American legal system than the Chinese one. Here is an episode of TAL where someone describes their experience in Chinese prison https://www.thisamericanlife.org/448/adventure https://www.thisamericanlife.org/448/adventure America is an endless work in progress. But your view on it being some sort of hell hole is so warped I feel very bad for you. The mindset of living like that must be so depressing.
    - endisneigh 5y ago
      I'm curious, have you actually lived in China for an appreciable period of time yourself to come to this conclusion? I don't really have any particular opinion on China either way, China definitely has done some bad stuff, but with regards to statements like: "and that the average citizen is equally treated by the law in each country" I'm curious. Black Americans and White Americans, for example in the United States are treated very differently with regards to sentencing for very similar crimes. Would that contrast be the same as the one you say with Chinese vs. American?
refurb 5y ago
Let's check back in 5 years? My guess is the complete uncertainty as to whether or not CCP will change the rules mid game completely destroying your business is going to bod well for future investment?

seibelj 5y ago

China is a corrupt authoritarian dictatorship. They are not someone that countries with the rule of law should try to emulate. I recommend this book if you want an insider’s view of how China really operates: Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China https://www.amazon.com/dp/1982156155/ref=cm_sw_r_cp_api_glt_fabc_YZQK8GJE3PAE0KFCHT1T https://www.amazon.com/dp/1982156155/ref=cm_sw_r_cp_api_glt_...

mewbear3 5y ago
Given the rapid development of China, I think this phase of corruption would be gone relatively quick compared to the same phase in US history. Xi Jinping also started a campaign for new type of state and business relationship https://blogs.lse.ac.uk/cff/2020/11/23/state-business-relations-under-xi-what-has-and-hasnt-changed-and-what-are-the-implications/ https://blogs.lse.ac.uk/cff/2020/11/23/state-business-relati... http://www.ecns.cn/m/2016/03-06/201698.shtml http://www.ecns.cn/m/2016/03-06/201698.shtml
pksebben 5y ago
To say that we operate on "the rule of law" is a little silly at this point in history, isn't it? We have corruption just as bad if not worse, only in the US we've legitimized more of it and driven it further under the proverbial rug. Am I about to move to China? No. But let's not climb atop such a shaky pedestal.
- seibelj 5y ago
  To truly think that the rule of law in America and China are even remotely close, and that the average citizen is equally treated by the law in each country, is so absurd that you must be living in some sort of politics bubble, or simply have zero idea of how these country’s legal and political systems operate.
  - pksebben 5y ago
    They aren't close; that's not what I was driving at. China's problems and ours are leagues apart in terms of quality. However, we do have a history of: - assassinating and locking up political dissidents (see: Black Panthers. Yippies. Che.) - selling out politics to elite private interests (see: congress) - spying on our own citizens (see: COINTELPRO, snowden leaks et al) It's a different flavor, but don't kid yourself; we suck real bad.
    - seibelj 5y ago
      10 out of 10 times would rather be arrested in America and prosecuted in the American legal system than the Chinese one. Here is an episode of TAL where someone describes their experience in Chinese prison https://www.thisamericanlife.org/448/adventure https://www.thisamericanlife.org/448/adventure America is an endless work in progress. But your view on it being some sort of hell hole is so warped I feel very bad for you. The mindset of living like that must be so depressing.
  - endisneigh 5y ago
    I'm curious, have you actually lived in China for an appreciable period of time yourself to come to this conclusion? I don't really have any particular opinion on China either way, China definitely has done some bad stuff, but with regards to statements like: "and that the average citizen is equally treated by the law in each country" I'm curious. Black Americans and White Americans, for example in the United States are treated very differently with regards to sentencing for very similar crimes. Would that contrast be the same as the one you say with Chinese vs. American?

refurb 5y ago

Let's check back in 5 years? My guess is the complete uncertainty as to whether or not CCP will change the rules mid game completely destroying your business is going to bod well for future investment?