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Intel removes Xinjiang references from shareholder letter

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Re: Intel removes Xinjiang references from shareholder letter

#4
We were happy to embrace the philosophy of sociopathic capitalist companies when it meant getting our cheap electronics built in factories with suicide nets. Now that it means giant companies care more about China's opinion than ours we want to posture about loyalty and moral responsibility.

Re: Intel removes Xinjiang references from shareholder letter

#5
Say what you want about China, but their ability to weaponize capitalism and make multi-billion dollar companies cower and self-censor in ways they would never do for Western governments is remarkable.

"When it comes time to hang the capitalists, they will vie with each other for the rope contract".

Re: Intel removes Xinjiang references from shareholder letter

#7

Name and shame. We need to divest our manufacturing from China. Perhaps by exposing such practices and nagging hypocrytical companies we can make divestment happen sooner? Twitter mobs could be used for good once.

Divestment will be a years long process, and it will only happen if we publish a schedule of annually increasing tariffs across all Chinese imports.

Re: Intel removes Xinjiang references from shareholder letter

#8
post #5

Say what you want about China, but their ability to weaponize capitalism and make multi-billion dollar companies cower and self-censor in ways they would never do for Western governments is remarkable. "When it comes time to hang the capitalists, they will vie with each other for the rope contract".

Intel shareholders can now vote to ensure Intel takes a stand against China, if they choose. But it seems those individuals do not want that. So Intel is doing what it is supposed to do -- operate in accordance with wishes of the shareholders.

Re: Intel removes Xinjiang references from shareholder letter

#9

Name and shame. We need to divest our manufacturing from China. Perhaps by exposing such practices and nagging hypocrytical companies we can make divestment happen sooner? Twitter mobs could be used for good once.

Divestment will be a years long process, and it will only happen if we publish a schedule of annually increasing tariffs across all Chinese imports.

Perhaps it wasn't such a stupid idea after all....

Re: Intel removes Xinjiang references from shareholder letter

#10
post #5

Say what you want about China, but their ability to weaponize capitalism and make multi-billion dollar companies cower and self-censor in ways they would never do for Western governments is remarkable. "When it comes time to hang the capitalists, they will vie with each other for the rope contract".

Intel wouldn’t massage the wording of their shareholder report to avoid criticism from the American public? I’m skeptical. They almost certainly have review processes designed to anticipate and prevent that from happening in the first place.
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