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You said US companies have a leash, even though US is the prime example of corporate control of government. Companies are the same all over the world, their jo
by antris 4y ago
You said US companies have a leash, even though US is the prime example of corporate control of government.
Companies are the same all over the world, their job is to maximize their value to investors by any means necessary. That's as true in China as it is in the US, so there's no difference.
When it comes to government, neither US nor China has any effective democratic controls on corporations. China has only one party which controls companies with authority, and the US has two parties which both represent the companies themselves.
- gloryjulio 4y agoHere we go again. Yes, I agree with u on us on every point in isolation. But they r not at the same level. They are NOT the same. U cant just nihilisitically put them together. If u don't know how CCP operates, how china companies r just direct extension of CCP where party members have would directly inject themselves into the companies, go read some materials first. There no private companies in the US/EU sense in China. I am not here to teach the basics and not intersted the equal bad debate. And not replying to this person any more
- antris 4y ago> how china companies r just direct extension of CCP where party members have would directly inject themselves into the companies, go read some materials first. There no private companies in the US/EU sense in China That's not true. In China private companies exist and can largely operate freely. China is a capitalist country. The only thing that limits corporations in China more than the US is that the companies and billionaires in China are expected to fall in line and not rock the boat when it comes to CCP. But this does not make the corporations an extension of the party, they're still privately owned and operated corporations working within a capitalist market system. When it comes to government elites injecting themselves to the companies, that's not at all unique to China. The revolving door between government, lobbying groups, think tanks and corporations is "business as usual" in the US and EU too. China has the power relations between govt<->corporations reversed. In US, the government elite is expected to fall in line with the capital owners, and in China it's the other way around. That's the main difference, not whether the corporations are vaguely "good", "bad", "worse" or "better". That's just simplistic and vague "china bad" rhetoric. The corporations themselves work within the same framework of capitalism, i.e. maximizing value for shareholders. I will dismiss the personal attacks, as they are not constructive.