Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…
I'm not sure it is safe to build wealth anywhere, anymore, although the US is the country I chose to register my company in, because it is probably the safest. Still, I have my reservations. Petty theft like shoplifting is being increasingly normalized and justified in the US (see train package theft), and enforcement of property law is slipping, see how home owners can lose their home to "squatting". This is a very…
Jack Ma steps out from the shadows with morale-boosting post
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Re: Jack Ma steps out from the shadows with morale-boosting post
#202Earlier quoted context omitted.
It would, if you are a closeted fascist.
Not saying the US model is the best, but having a fascist state like China would be worse. To quote Churchill: democracy is the worst form of government – except for all the others that have been tried.
Re: Jack Ma steps out from the shadows with morale-boosting post
#203Earlier quoted context omitted.
> Only if the person picked via nepotism isn’t competent. It'd be interesting to know how much this phenomenon would explain the stability of otherwise culturally ossified regimes that stood for four or five centuries before collapsing, where government was built almost entirely out of extreme nepotism in which the ruling potentate had 50 or 60 kids to choose from, and thus had a shot at picking the most capable from…
There is also the factor that the nepo kids are trained since birth for the role, often with the best education money can buy. Training makes up a lot for stupidity and other gaps. At some point, it doesn’t matter enough , but that can go quite awhile.
Re: Jack Ma steps out from the shadows with morale-boosting post
#204Earlier quoted context omitted.
There is also the factor that the nepo kids are trained since birth for the role, often with the best education money can buy. Training makes up a lot for stupidity and other gaps. At some point, it doesn’t matter enough , but that can go quite awhile.
No drugs at private schools? The machinery catering to wealthy parents is good at 3 things, placatting parents, preventing scandals, creating interelite connections. It's not good at educating, no matter how expensive. There is simply put absolutely no incentives to work
Doing those things at scale is ‘work’ even if it isn’t what most people consider work.
Learning how to sweat a pipe is useful if that’s what you’re going to need to do to put food on the table.
Learning how to placate powerful sponsors, not get caught doing naughty things, and networking among other power brokers is how you put food on the table as a ruling elite isn’t it? Or at least avoid being burned at the stake.
And not something they’re going to teach effectively at your neighborhood public school.