4 ms·

And how are they not managerial, entrepreneur, doing business ? Is there something illegitimate in doing an activity that yield profit when the national is Chi

by hirako2000 4mo ago

And how are they not managerial, entrepreneur, doing business ? Is there something illegitimate in doing an activity that yield profit when the national is Chinese ? Or when it's a short term let ? Or when it is something that doesn't directly contributed to innovation benefiting the nation ?

embedding-shape 4mo ago
I don't think it's "illegitimate" as such, just parasitic behaviour the world probably needs less of. They buy up real estate, then rent it out, living in another country, basically just extracting wealth, and while it's legal, it's still lazy and kind of despicable behaviour from a "we're all humans on this planet" perspective. From the perspective of Japanese people, you see foreigners coming to where you live and strictly making things worse, not better. But of course if we limit our perspective to an economic one, then it seems like a wise and sound approach to "escaping the hamster wheel" for the average Chinese person, easy money right? I think people in Japan probably don't have that perspective though, but instead look at the tail-effects of allowing that sort of behavior. That's why they changed the rules probably.
- hirako2000 4mo ago
  I don't disagree with certain occupations being more parasitic than others, but most jobs can be deemed parasitic. In a fair market "lazy" jobs can't exist or someone else would do it at a better price. Short term let entrepreneurs are just doing arbitrage, because there is a need for it. What you see as making things worse for some which is true, is also making things better for many others. Fix the system, rather than cracking down on foreigners doing what you may then tolerate locals to do.
bombcar 4mo ago
It’s the difference between setting up a system to encourage investment and hoping for a factory, or at least a large department store, and instead getting a DataCenter that employs 30 people total.
deleted 4mo ago
[deleted]

embedding-shape 4mo ago

I don't think it's "illegitimate" as such, just parasitic behaviour the world probably needs less of. They buy up real estate, then rent it out, living in another country, basically just extracting wealth, and while it's legal, it's still lazy and kind of despicable behaviour from a "we're all humans on this planet" perspective. From the perspective of Japanese people, you see foreigners coming to where you live and strictly making things worse, not better. But of course if we limit our perspective to an economic one, then it seems like a wise and sound approach to "escaping the hamster wheel" for the average Chinese person, easy money right? I think people in Japan probably don't have that perspective though, but instead look at the tail-effects of allowing that sort of behavior. That's why they changed the rules probably.

hirako2000 4mo ago
I don't disagree with certain occupations being more parasitic than others, but most jobs can be deemed parasitic. In a fair market "lazy" jobs can't exist or someone else would do it at a better price. Short term let entrepreneurs are just doing arbitrage, because there is a need for it. What you see as making things worse for some which is true, is also making things better for many others. Fix the system, rather than cracking down on foreigners doing what you may then tolerate locals to do.

bombcar 4mo ago

It’s the difference between setting up a system to encourage investment and hoping for a factory, or at least a large department store, and instead getting a DataCenter that employs 30 people total.

deleted 4mo ago

[deleted]