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Jack Ma to Retire from Alibaba

nytimes.com

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Re: Jack Ma to Retire from Alibaba

#121

Post by TheDong »

specialist wrote: post #88
TheDong wrote: post #51

Earlier quoted context omitted.

It's disingenuous to frame the problems people have with the 1% as being due to them not positively contributing to society. Rather, the entire capitalist system, tax loopholes, and corrupt politicians have lead to increased disparity between the rich and poor. I'm fine with the claim that some people who create value and are net-positive, such as many of the rich people, absolutely should have significant wealth. Ho…

That the rich get richer is just math, not a value statement. Preferential attachment in the absence of proactive redistribution leads to accelerating inequity. As you know, too much inequity undermines democracy. If we want a Liberal, democratic society, we need progressive policies. Some mechanisms to offset windfall profits, level the playing field. Debt jubilees, entitlements, UBI, Keynesianism, something. While…

> That the rich get richer is just math, not a value statement.

The actual statement is "The gap between the rich and poor is widening".

Of course the rich will be rich. That's a tautology.

They don't have to be rich at the expense of the rest of society, which is where we're at now.

Re: Jack Ma to Retire from Alibaba

#122

Post by [deleted] »

vincvinc wrote: post #101

> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...

[deleted]

Re: Jack Ma to Retire from Alibaba

#123

Post by yawrite »

364403453 wrote: post #109
jjeaff wrote: post #46

Earlier quoted context omitted.

I think you misunderstood what they were saying... That it's possible the domestic customers that make up the majority of Alibaba revenue may decrease their spending on the platform if their own incomes rely on exports.

as a chinese, we barely rely on export as you may already aware of. domestic economy doesn't change even a bit during trade war. simply because we are LARGE in many perpective. the cost of renting the house or buy one are on a up-hill. you may felt we should be affected, but the fact is that we use your tech(computer engineering) and change our life without much expense of research and development.

Everyone hurts from a trade war. As an American, you should know we have seen so much boasting lately that it sounds like the noise of young children.

Re: Jack Ma to Retire from Alibaba

#124

Post by 364403453 »

yawrite wrote: post #123
364403453 wrote: post #109

Earlier quoted context omitted.

as a chinese, we barely rely on export as you may already aware of. domestic economy doesn't change even a bit during trade war. simply because we are LARGE in many perpective. the cost of renting the house or buy one are on a up-hill. you may felt we should be affected, but the fact is that we use your tech(computer engineering) and change our life without much expense of research and development.

Everyone hurts from a trade war. As an American, you should know we have seen so much boasting lately that it sounds like the noise of young children.

i work in engineering and math so my eco-knowledge is limited. yes it seems we need to boast to keep economy grows and that's what domestic gov do. i am in age 22 and i was in euro 2 years ago, i been to shanghai, hang zhou, and if i may i could judge we haven't been really hurt. personally when i was little i can't afford whole day air-conditioner open, and i so couldn't i drive to anywhere far, but these days my family economy status didn't improve considerablely but appreantly they are cheap

Re: Jack Ma to Retire from Alibaba

#125

Post by qubax »

leesalminen wrote: post #107
vincvinc wrote: post #101

> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...

Does it surprise you that The NY Times took something out of context and provided factually false info?

Not in the least. But they are the preferred "news" provider here and get spammed 24/7.

Re: Jack Ma to Retire from Alibaba

#126

Post by eip »

libertine wrote: post #102
mv4 wrote: post #97

"When you are 50 to 60 years old, spend time training and developing young people, the next generation," Ma added. "When you are over 60 years old, you better stay with your grandchildren." https://www.cnbc.com/2018/01/30/jack-ma-dont-fear-making-mis...

I actually believe this - he is fulfilling his vision of the stages in life. Sometimes there are no smokes and mirrors.

>Sometimes there are no smokes and mirrors.

This is hilariously ironic considering Alibaba is almost 100% smoke and mirrors.

Re: Jack Ma to Retire from Alibaba

#128

Post by makomk »

jayalpha wrote: post #92
drum wrote: post #11

The brewing trade war can't make running the company easy for Ma, considering Alibaba does more volume than eBay and Amazon combined as a portal to Chinese manufacturers. Taking into account that the company's listed on a US stock exchange yet still has to answer to government regulation back in China, I can't imagine he's having a good time being caught in the middle.

Some words of caution. https://brontecapital.blogspot.com/2015/10/alibaba-yeah-righ... https://brontecapital.blogspot.com/2015/09/job-interview-que... BTW, AFAIK Ma seperated Alipay from the Alibaba entity.

There's one key fact they seem to be either missing or intentionally ignoring: Alibaba's websites are marketplaces populated by third-party sellers. So they don't need to have enough staff to ship all those parcels because they're not the company shipping them, and it's perfectly normal that customers would be receiving multiple packages because every seller packs their goods seperately.

The reason I'm suggesting that they're intentionally ignoring this fact is that it's actually in the information presented in the article. For example, the video they link in their section about the logistics explains this in detail.

Re: Jack Ma to Retire from Alibaba

#129

Post by fegul »

eip wrote: post #126
libertine wrote: post #102

Earlier quoted context omitted.

I actually believe this - he is fulfilling his vision of the stages in life. Sometimes there are no smokes and mirrors.

>Sometimes there are no smokes and mirrors. This is hilariously ironic considering Alibaba is almost 100% smoke and mirrors.

How so?

Re: Jack Ma to Retire from Alibaba

#130

Post by CitizenTekk »

vincvinc wrote: post #101

> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...

Retiring or not, he still is one of the riches man on the ASIA and will spend many years spending what he earned and that folks is a stone cold fact. So much for retirement money huh?
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