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I'm not buying free market capitalism with regards to strategic resources of another country. If 'we call that capitalism' is all it took, the US wouldn't need
by ThalesX 3y ago
I'm not buying free market capitalism with regards to strategic resources of another country. If 'we call that capitalism' is all it took, the US wouldn't need the military it has. Again, this feels like a simplistic view about a country with its own vision of the future...
- bastardoperator 3y agoYou should because that's what these companies or "resources" are actually thinking. If you asked the CEO or shareholders who the company belongs to they'll claim it's theirs and that where it operates from is irrelevant. The US has the military it has because of capitalism, warfare costs tremendous amounts of money and resources and so a lucrative market was birthed.
- ThalesX 3y agoIt's just impossible to get my point across to some people. What happens when a company gets too big and is split by the government? Do the CEO and the shareholders go request this?
- ubercow13 3y agoWhat? You think the Taiwanese government couldn't prevent US purchase of TSMC because capitalism? https://en.wikipedia.org/wiki/Committee_on_Foreign_Investment_in_the_United_States#Notable_cases https://en.wikipedia.org/wiki/Committee_on_Foreign_Investmen...