Earlier quoted context omitted.
Seems pretty obvious that you have neither ever lived in USSR nor experienced the Soviet economics first-hand. Although I would like to see a sample of a single lean and mean organization in USSR...
You appear confused, I only mentioned the USSR once as a figure of speech. Communist countries were run by blind ideologues and I would never use those as good examples of central planning.
China Is Nationalizing Its Tech Sector
221–228 of 228 posts
Re: China Is Nationalizing Its Tech Sector
#222Earlier quoted context omitted.
> They do what is best for themselves, which at times means doing what's best for the Communist Party. Suppressing dissent, denying Chinese people freedom and self-determination is only good for the people in power. The United States is often nearly as bad as China on human rights. At least China is overt about it. Nobody denies they're watching everybody, but it took an NSA contractor leaking information to bring up…
Yeah, I hear a lot of Americans saying that they want to move to China for the human rights. > The United States is often nearly as bad as China I just can't get enough of that song! And I get to hear it about ten times in every discussion that includes the string "China".
And since it's on topic, just today I read an article about a state government trying to use eminent domain to kick people out of their own houses and build a FoxConn factory: http://beltmag.com/blighted-by-foxconn
I live in the United States, and love it here, but it doesn't do us any good to stick our heads in the sand and pretend that we don't have human rights problems of our own.
Re: China Is Nationalizing Its Tech Sector
#223Earlier quoted context omitted.
This creates exactly the same set of problems. A CEO has to compete with other CEOs, if they don’t do so efficiently they will fail and another will take their place. A government committe doesn’t have to compete with anybody, if they fail, you just end up with a society that gradually deteriorates. A CEO also has to deal with market forces, a government committe does not. A government committe doesn’t have to produc…
> A government committe doesn’t have to compete with anybody In theory, a failing government is replaced by a different government. In practice, whether voters successfully identify problems and pick a better winner is an open question.
Re: China Is Nationalizing Its Tech Sector
#224Earlier quoted context omitted.
And in addition to the rule of law, the US gives it citizens the opportunity to rise above their situation (some would use the term "class"). There are few countries where this is the case. In most countries, the state determines your fate.
Most countries don't allow this? You need to give some evidence of that. European countries have free markets and most have better social mobility than the US. If you check the link in my original post you will see the US has relatively low social mobility for a developed nation. Your comment reminds me of the attitude described in this sketch: https://www.youtube.com/watch?v=1oyKVAjISmI
Re: China Is Nationalizing Its Tech Sector
#225Earlier quoted context omitted.
Since when is China part of "continental Europe"?
Upvoted you as I don't think people should be downvoted especially for misunderstanding/misinterpreting what someone said..
Re: China Is Nationalizing Its Tech Sector
#226Earlier quoted context omitted.
Please stop to reconsider reality before labeling China "pro-trade". As a foreigner, China is truly off-limits: * In China, nearly all innovative industries are completely legally restricted from foreigner owned businesses (in contrast, in the US, the lone restricted industry is mortgages). * Likewise, in China, most non-innovative industries require you to setup a company with foreigners as minority shareholders, so…
Serial foreign entrepreneur in China here. Your points are so incorrect I wonder where do you get this information that you feel stating it as fact is acceptable? I feel compelled to dispel these because it's dangerous and unconstructive for the community to have such completely false information presented as fact. I might actually share a detailed post on this in the near future since I feel people here completely m…
Re: China Is Nationalizing Its Tech Sector
#227Earlier quoted context omitted.
The Amazon supply chain is fantastic indeed. And the end-user experience can be astounding. I'm in Singapore and am thinking about ordering a standing desk from the USA. Delivery is free in 7-9 days. The desk cost $200. At any other company the delivery would be $200. The local cost is much more. How can anyone compete with that? And in-country, tonight at exactly 20:45 I placed an order for a tripod and about 50kg o…
>The Amazon supply chain is fantastic indeed. And the end-user experience can be astounding. >Amazon vs Alibaba - to simplify, this game will be won by the best supply chain, And sure Amazon leads by far. Amazons supply chain begins in China. Alibaba's supply chain begins in China. The only issue here is that Amazon pays quite a lot to warehouse their own stuff in states and Alibaba don't (after discovering the obvio…
Do you think the same think will happen in Europe too ? Or does Alibaba has a chance there ?
Re: China Is Nationalizing Its Tech Sector
#228Earlier quoted context omitted.
Most countries don't allow this? You need to give some evidence of that. European countries have free markets and most have better social mobility than the US. If you check the link in my original post you will see the US has relatively low social mobility for a developed nation. Your comment reminds me of the attitude described in this sketch: https://www.youtube.com/watch?v=1oyKVAjISmI
Do they really? The compensation for Software Engineers at least seems to be ridiculously low compared to those in the US, moreso in SFBA. I get that the social safety nets are very good but I don’t agree that social mobility is any easier in Europe.
There seems to be evidence that Americans overestimate social mobility in the US while Europeans underestimate social mobility in European countries. In practice, European countries also perform better in that regard. https://www.economist.com/blogs/graphicdetail/2018/02/daily-...