146 karma · joined August 25, 2011
Given the current political situation in Hong Kong, this may not be a valid assumption.
http://www.h-online.com/open/news/item/Controversy-surrounds...
Negotiation: The truth is, HK politics is very much like American politics. It consists of people blocking any progress on anything because the two sides are so deeply divided. Instead, I suggest making an honest effort to negotiate and take things step by step. For example, the central issue to the protests - the universal suffrage framework described in the Basic Law is strictly better than the current system. Accepting it while signaling that something even better is desired and will continue to be brought up would have been more productive. (Note that the whitepaper came out after the threat to occupy central).
Economy - One of the subtexts of the whole issue is Hong Kong's decreasing relevance in relation to China and indeed on the world stage. The stronger HK is, the more leverage HK has. Instead, real wages are barely increasing, rent continues to skyrocket, and there is basically no economy besides finance - and in that HK's competitive advantage shrinks every year. Instead of saying things like "we are willing to sacrifice the economy if it gives us true democracy", I think it should be accepted that destroying the economy is not likely going to get democrats what they want, and that a better economy would a) free up more people to be able to worry about politics rather than just putting food on the table, and b) make China think harder about killing the golden goose.
Occupy Wallstreet was a game of brinksmanship, but unfortunately that only works when both sides have something to lose. China has nothing to lose today.
So rationally, I don't think it's a good move by the pan-democrats, as it essentially shuts down any possibilities of negotiation - the pan-democrats have very little leverage now that they've already "done their worst".
On the other hand, protests are not about strategy and rationality. People strongly believe in their ideals and they want to do something rather than sit around waiting for negotiations that may or may not happen. I can understand that which is why I'm not as quick to criticize the protesters as many in HK would.
In general, there are always two sides to the coin. Where from an American perspective you see Chinese aggression outwards, if you flip the arrows on the map around, you might notice that from a Chinese perspective, the US is aggressively boxing China in.
I think the correct mainstream economic interpretation is that games are highly differentiated, meaning that no game can completely undercut another game because they are never the same. This means that the perfect competition model and argument do not apply and thus MC != MR in the game industry.
I also want to note that often the administrators have to ok so many contracts (which they have no expertise in) and there are so many options, that inevitably the university ends up paying for stuff that nobody uses. At least in my last school, it was apparent that there were many sources of waste.
'Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?'
Edit: I suppose it could be argued that money that goes to the military doesn't directly mean funding wars. We have bases all over the world after all.
Hong Kong is stuck in it's role as a financial center, of which it's competitive advantage is getting eroded. Plus that 'competitive advantage' really boils down to knowing how to speak English and having extremely low wages for a developed economy.
On the other hand, Singapore has successfully transitioned from being a financial center to the technological capital of East Asia. Something that the Hong Kong government desperately wants to do, but continues to fail at. And I am not even going to go into the current political storm.
Hong Kong is probably the more interesting city (I'm biased of course, having lived there for years and consider it my home away from home away from home) but out of the HK-Singapore rivalry, I think Singapore has the upper hand.
/rant
http://www.kickstarter.com/blog/trends-in-pricing-and-durati...
Based on the %time vs %backing chart, the second day usually secures around the same amount of funding as the first day. However in the case of the Ubuntu Edge, it received above average percentage backing on the first day, but has already hit the trough.