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So, like China, where the state takes over whatever company it feels like?
by Thorrez 2y ago
So, like China, where the state takes over whatever company it feels like?
- wslh 2y agoIt seems the narratives against China (or Russia) are starting to dilute. Beyond left and right, it's really about realpolitik, power and its desires. When you're at the top and not fighting for survival, you have the luxury to construct whatever narrative suits your position.
- closewith 2y agoYes, where appropriate.
- gessha 2y agoI would understand if you’re suggesting this for resource extraction companies (even if I don’t agree with the idea) but how does it work for companies with a lot of intellectual property and know how? If the people want to leave, how are you going to stop them? Authoritarianism? Bring back the worst from the last century and run it back?
- closewith 2y agoThe people don't want to leave. Even if the company moves, most of the people won't. This is a paper exercise that can be resolved once and for all with paper regulations.
- KronisLV 2y agoIt probably needs a long hard look at the consequences of such decisions in the long term. On one hand, it’s authoritarian, on the other hand not doing that might lead to fairly critical businesses becoming unaligned with the interests of the country, or leaving outright. > What troubles him more is geopolitics. The pressure on asml began to build in 2019, when the Dutch government, at America’s urging, barred the company from exporting its advanced euv machines to China. On the other hand, this position is understandable and it makes me wonder why the Dutch would do this and keep such limitations in place - especially after seeing how clearly hateful the current US administration is towards the EU. The EU should look towards ensuring its own prosperity and that includes the interests and the future of the companies within it. That's a common sense take in my eyes.
- bgnn 2y agoCurrent Dutch government is pro-Trump