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My understanding is that the Chinese government prefers to have multiple successful companies in each field and they don't like it when one company becomes too
by wmf 5mo ago
My understanding is that the Chinese government prefers to have multiple successful companies in each field and they don't like it when one company becomes too powerful.
- tick_tock_tick 5mo agoThey pivoted away from that quite a while ago now they just disappear people for a week or two and randomly completely crush a business here and there to make sure they understand their place.
- coldtea 5mo ago[flagged]
- inglor_cz 5mo agoIf you have no practical experience living in a totalitarian country, don't wish that upon yourself and your family. That momentary feeling of triumphing over your enemies won't compensate for what you'd lose. This is a mistake that was made by numerous intellectuals in history.
- transcriptase 5mo agoEveryone thinks they’re getting the cushy office job working for the party, until they’re handed a shovel by someone with a gun.
- inglor_cz 5mo agoIn the worst case, knowing that they are about to dig their own graves.
- hagbard_c 5mo ago1920's: Hard times create strong men. 1950's: Strong men create good times. 1980's: Good times create weak men. 2010's: Weak men create hard times. There you are, wishing for hard times. May I suggest finding yourself the socialist paradise where they do as you wish and move there? You should be happier and we will be as well as long as your wishes don't come true.
- coldtea 5mo ago>May I suggest finding yourself the socialist paradise where they do as you wish and move there? If you promise not to sanction and bomb it and fund and arm far-right wing dictator thugs there, I'm game! But you got it backwards: it's your "strongmen" and your "elite human capital" that has created hard times, destroyed strong working and middle class men's livelihood, pivoted the economy to financial betting games, outsourcing, and rent-seeking, and enshittified everything.
- hcurtiss 5mo agoSo also does the US. Trump had prominent cases against Google and Meta. Biden against Apple and Amazon. Prominent efforts on airlines and grocery stores. Honestly, I'm pretty sure the US and Chinese antitrust laws are pretty similar (theirs largely crafted after ours).