Earlier quoted context omitted.
Where did that quote come from?
Karl Marx or Lenin, Gretzky, or Michael Scott. It's often attributed to Lenin and Marx, but no actual evidence that I've seen.
The best quotes are usually non-attributable. lol.
Intel removes Xinjiang references from shareholder letter
41–50 of 414 posts
Re: Intel removes Xinjiang references from shareholder letter
#42Earlier quoted context omitted.
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.
> 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. Good question, who are Intel shareholders?
> who are Intel shareholders?
https://www.nasdaq.com/market-activity/stocks/intc/instituti...
Re: Intel removes Xinjiang references from shareholder letter
#43Say 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.
No post body was provided.
Re: Intel removes Xinjiang references from shareholder letter
#44> It apologised last month for the "trouble" it had caused, saying that its commitment to avoid supply chains from Xinjiang was an expression of compliance with U.S. law, rather than a statement of its position on the issue. So is the position of Intel that slave labour in concentration camps is an acceptable means of production? To what extent are Intel chips designed and manufactured in China? Presumably, they are…
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Re: Intel removes Xinjiang references from shareholder letter
#45Earlier quoted context omitted.
I'm not sure I understand you correctly. Are you blaming capitalism for the moral failures of a communist regime? Maybe you're just suggesting capitalism isn't capable of "solving" the wrongdoings of communism? If so I would agree. A society that accepts the evils of communism is a difficult thing to solve externally.
what he is saying is that chinese gov adopted capitalism but state is actually controlling it them - semi indirectly. And they are big enough to be able to influence other big countries and foreign corporations to the point that they are now setting directions of where things are going. Case and point Holywood and self censorship in movies to pander to chinese market They are not saying comunism is good or bad, just…
The Chinese gov't adopted capitalism? I'm not sure I can believe that anyone believes that, much less agree with it.
This is a very direct example of a communist government controlling the messaging of a company, which is antithetical to capitalism.
As I understand it, this is happening because Chinese corporations are coerced by the communist regime such that Intel would lose business if they didn't follow the rules coming thru their Chinese partner corporations. Intel is still very much capable of freely choosing to obey those demands or not, which makes them capitalists, but the Chinese corporations being coerced into doing PR for the CCP is not capitalism.
Re: Intel removes Xinjiang references from shareholder letter
#46Name 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.
> We need to divest our manufacturing from China. Not gonna happen until you get rid of consumerism. People want to buy cheap shit, it gives their lives meaning.
Its not (just) that anymore, china is the new market.
The new and huge revenue stream.
You need to play by chinese rules or they close their market to you.
Big corporations are now addicted to this opium and cant simply go back to not selling to chinese markets.
Re: Intel removes Xinjiang references from shareholder letter
#47Earlier quoted context omitted.
Succinct and accurate. Expecting moral courage from a big corporation is probably an exercise in inevitable disappointment though.
> Expecting moral courage from a big corporation is probably an exercise in inevitable disappointment though. I agree about the fact that it is. But why do we accept that? Corporations are made up of people. We certainly do expect people – even groups of people – to exhibit moral courage. Of course, they do sometimes disappoint us, but the expectations remain reasonable in a good society.
Yes.
Re: Intel removes Xinjiang references from shareholder letter
#48No post body was provided.
Re: Intel removes Xinjiang references from shareholder letter
#49Say 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".
In China the government tells companies what to do in the furtherance of state aims. In America and elsewhere companies tell government what to do in furtherance of corporate aims. For instance the overthrow of governments on behalf of banana companies and oil companies. What we see now is China exerting influence and power and we aren’t accustomed to having another country do this toward our companies/interests.
Re: Intel removes Xinjiang references from shareholder letter
#50Cowards.
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