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Jack Ma didn't just try to build wealth like your average mid sized software or HVAC company. He built a monopoly and the company was fined for it and eventuall
by winrid 3y ago
Jack Ma didn't just try to build wealth like your average mid sized software or HVAC company. He built a monopoly and the company was fined for it and eventually broken up [0]. He obviously didn't like this and left the country to do billionaire things.
To me there's nothing 1984 or dystopian about this. The guy was building a company that was hurting the people. If anything we need more of this in the US.
[0] https://www.google.com/amp/s/amp.cnn.com/cnn/2023/07/07/tech/jack-ma-ant-group-fine https://www.google.com/amp/s/amp.cnn.com/cnn/2023/07/07/tech...
- logicchains 3y agoIt was only a harmful monopoly if you take the Chinese communist party's word at face value, which is a pretty naive thing to do.
- eunos 3y agoGood thing Lehman bros and Enron already gone by now, else they'd be lionized as "dynamic and forward thinking" compared to "sclerotic" party