Companies growing so that they can be worth more when their investors sell them is the whole point of businesses in general. It's the reason we all go to work every day.
Companies growing so that they can be worth more when their investors sell them is the whole point of businesses in general. It's the reason we all go to work every day.
China's political censorship abroad, enforced via sheer economic muscle, has received extremely strong bipartisan condemnation in the US during a time of unprecedented partisanship; even AOC and Ted Cruz have blasted Blizzard. What China's trying to do goes against everything Americans have been raised to believe, from the most conservative to the most liberal. Political outrage within the US about domestic US affairs is often ineffective because it's too partisan, and it tends to just energize the other side (e.g., the Chick-fil-A controversy in 2012/2013 actually increased their sales). This is different because everyone agrees and there is no "other side" to energize, not within the US.
They will never be your customers. You think they will, so you hand over your IP to a local partner, and then they don’t need you anymore and take those customers themselves. I am surprised any Western company still falls for this ruse.
That's a choice.
Companies growing so that they can be worth more when their investors sell them is the whole point of businesses
Also a choice.
Companies are accountable for their choices. Accountable to their shareholders and to their customers. When those groups aren't aligned, then you're in a tough spot. You might wind up with a new set of shareholders or a new set of customers.
I would argue that in America, the public is allowed to exist by corporations.
(Tongue in cheek cynicism, mixed with more truth than I'm comfortable with.)
Thanks for showing your position on the side of "money first people second, if at all".
If I say that male lions kill the cubs of rival males when they take over a pride, I am stating an observation, not making a moral claim that I am "on the side" of lions killing cubs.
It's a fair observation that the structural incentives of modern investment driven capital are that growth is absolutely rewarded and morality is often not. Good citizenship only rewards a company when there are enough consumers aware of that citizenship and who care enough to change their spending habits. At the scale of many corporations, it's very hard for enough people to care enough to affect the company's actions.
Eww. I thought it was about trading products and labor for currency and vice versa. The investor class is just a parasite on the whole endeavor.
-- Henry David Thoreau, "Life Without Principle" http://xroads.virginia.edu/~HYPER2/thoreau/life.html