51–60 of 371 posts
The West thought once China is full of billionaires, the billionaires having all that wealth would then have the power to oppose and dissolve the CCP. Didn't go as planned.
The ability of the government to take on actors with vast amounts of private capital is, in my view, one of those things worth learning from.
Is it me or there's some cognitive dissonance going on with the whole article discussing the ramifications of a nationalization without describing at all what sourced this "news" in the first place? A cursory search seems to show this is a regurgitation on a sourceless Radio Free Asia article ( https://www.rfa.org/english/news/china/alibaba-probe-1225202... ) from December?
I think the CCP is mostly at fault. They wanted to control and limit discussion and even news on alibaba so of course people are going to speculate in the absence of information.
The discourse about China, misunderstandings about how the Chinese systems functions, and lack of even a basic interest in getting a realistic view of China are rampant. The average view of China in the US is so cartoonish it's quite ridiculous. If you talk to an educated, middle-class Chinese audience about the US people generally have actually a surprising amount of understanding of the basic structure of government, values and so on. You go to a very educated audience in the US or other Western nations and it's still embarrassing. And it's actually a huge problem for the West that both government and citizens do not engage China seriously.
The West thought once China is full of billionaires, the billionaires having all that wealth would then have the power to oppose and dissolve the CCP. Didn't go as planned.
The West thought once China is full of billionaires, the billionaires having all that wealth would then have the power to oppose and dissolve the CCP. Didn't go as planned.
How's it working in the U.S. where billionaires are dissolving the U.S. government?
The West thought once China is full of billionaires, the billionaires having all that wealth would then have the power to oppose and dissolve the CCP. Didn't go as planned.
don’t think the US acrually expected the oligarchs to overthrow china as they are in bed with the ccp.
Earlier quoted context omitted.
I think the CCP is mostly at fault. They wanted to control and limit discussion and even news on alibaba so of course people are going to speculate in the absence of information.
Misunderstanding about the inner workings of China isn't the CCP's fault, at least not at this level. The discourse about China, misunderstandings about how the Chinese systems functions, and lack of even a basic interest in getting a realistic view of China are rampant. The average view of China in the US is so cartoonish it's quite ridiculous. If you talk to an educated, middle-class Chinese audience about the US p…
It's crazy how tied to a warped view of China people get.
Like, I have serious issues with China too, but the picture many people seem to have in their mind is just not modern China whatsoever.
Earlier quoted context omitted.
How's it working in the U.S. where billionaires are dissolving the U.S. government?
It is working well in my opinion. I would rather live in a world where billionaires are happy to dissolve a corrupt and disgusting politician than other way around.
Earlier quoted context omitted.
> Did Jack Ma think he was going to tell the CCP how it is? Yes, I did actually. There's every reason to believe that the people installed to run Alibaba / Ant after Jack gets sent off to "re-education camp" will be unable to propel it to further heights. Stagnation is likely as good as it'll get and there's every reason to believe it'll be run into the ground eventually. I see Jack Ma as a sort of Chinese Elon Musk…
> There's every reason to believe that the people installed to run Alibaba / Ant after Jack gets sent off to "re-education camp" will be unable to propel it to further heights. We in America are much too obsessed with "one great man" theories of history. I also think we are inclined to underestimate the competency of Chinese governmental figures, which is structured very differently from the West. > that could be par…
Eh... Do I think Bezos is a visionary responsible for all of Amazon's success? No. But culture comes from the top. There's a lot of ways to run a company poorly, especially if it's doing something novel and not just churning out mundane products. The big ones involve bureaucracy and short term profits. If Jeff Bezos died, I'm sure Amazon would be just fine. Tesla maybe not. How mature is Alibaba and Ant?
Is it me or there's some cognitive dissonance going on with the whole article discussing the ramifications of a nationalization without describing at all what sourced this "news" in the first place? A cursory search seems to show this is a regurgitation on a sourceless Radio Free Asia article ( https://www.rfa.org/english/news/china/alibaba-probe-1225202... ) from December?
"These nationalizations are definitely happening, and [the antitrust investigation] will likely speed up that process," Song said. "It's also, I think, about making an example of [Ant and Alibaba]."
So I would trust the article as much as I would trust Song Qing.
The West thought once China is full of billionaires, the billionaires having all that wealth would then have the power to oppose and dissolve the CCP. Didn't go as planned.
How's it working in the U.S. where billionaires are dissolving the U.S. government?