As it should be. The pay gap from CEO to bottom tier worker is now obscene (21 times in 1965 and ~285 today). It's the foxes looking after the henhouses.
Not sure why the left cares so much about CEO to work pay ratio these days, especially when Marx himself recognized that ownership was the true source inequality. A CEO is just a really well paid worker. Even CEOs who become billionaires do so from capital appreciation more than compensation.
A CEO is not "just a really well paid worker", don't be ridiculous. If you have the power of hiring and firing, or have enough money to not have to work for your subsistence, you are not a worker in any leftist sense.
I don't think there are many people in the West who profess love for the UAE. But there are several reasons why it's not as disliked. First, it's a monarchy, and monarchies are harder to parse, given that many European countries are notionally monarchies too. Second, it's not by any stretch of imagination a serious geopolitical or economic threat to the West. Third, although it is authoritarian, by most third-party a…
People seemingly often forget how brutal Chinese authoritarianism can be. I don't know whether it's the fault of the news or if it's selective amnesia, but there are few worse cases of authoritarianism than the country that welded people into their apartments.
You're giving people too much credit. People in general simply do not care about whether or not a government has committed atrocities, even when that includes their own government, as long as they think (rightly or wrongly (usually wrongly)) that atrocities won't be happening to them.
> There are NO highly developed non-micro states that are not car centric outside of major cities. That's an argument. Lack of density means that public transportation is hard to have enough scale. But the US is uniquely bad at both density but also lack of transportation options. In countries like the UK and France (just because I'm familiar with them, I'm not claiming they're the only ones or it's something unique…
>In the US even multi hundred thousand people cities have literally nothing other than cars as an option. I'd be interested in hearing an example or two of cities in the U.S. with populations greater than 200,000 that don't have a bus system.
There is also a distinction between "has a bus system" and "the bus system is actually usuable". Say you want to take the bus to jury duty, but calculate that you would need to wake up at something like three in the morning to catch the so-and-so to downtown, and then another bus out to where the jury place is (trip time: multiple hours, assuming all goes well), in addition to the usual playing Frogger across a stroad or two, or even more walking to maybe find legal road crossing facilities for humans, assuming they exist. And that was in a city with a relatively good (for America) bus system.
It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…
> American firms, for example, tend to prioritize focus above all else: it would be bizarre for an American paper mill to also operate a concert hall and an airport catering business I don't think Kimberly-Clark ever opetated a concert hall, but they did run an airline (Midwest Express) and K-C Aviation was an airplane servicing firm. It's not that American companies don't operate in diverse businesses. Maybe they're…
The article mentions that American toilet manufacturers do not make non-bathroom related ceramics.
> I don’t see that. You seem to be an American so I'm very confused. You'd have to be willingfully blind at this point to not see the anti-chinese propaganda that has been going on in America for (at least) the past decade.
It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…
> It’s always fascinating to see how Westerners idealize Japan on platforms like HN I think HN'er are smart enough to not idealize everything about Japan. For example you can be in awe about how clean and safe the country is and how precisely on time all subways train are without idealizing toilet that stream water up your arse.
> without idealizing toilet that stream water up your arse.
So without idealizing the one Japanese thing that is inarguably good?
It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…
> It’s always fascinating to see how Westerners idealize Japan Replace 'Westerners' with Americans and you are spot on. I have never met any European that glorifies any part of Japan (I'd see Asia as a whole), most of them will tell you how the tall buildings make them feel little and how the society is beyond oppressive. Whatever meritocracy exists in capitalism is ironed out by those rigid hierarchies. I am not sur…
> I have never met any European that glorifies any part of Japan
Didn't France use to be quite Japano-phile? (At least for movies and anime/manga, but also cuisine). Or is this outdated knowledge now?
A hypothesis I had on why some countries have more conglomerates than US is that access to capital and funds are much harder in those countries in comparison to US. When access to capital is comparatively more limited, more innovations falls to the party that has comparatively easier access to capital (conglomerates) and therefore reinforcing their position as conglomerate.
I, from a country with few conglomerates, found the Commoncog explanation for why they exist to be interesting https://commoncog.com/how-to-become-an-asian-tycoon/ https://commoncog.com/the-asian-conglomerate-series/