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And by a prudent flight and cunning save A life which valour could not, from the grave. A better buckler I can soon regain, But who can get another life again? Archilochus

Sunday, February 13, 2022

State Capitalism... and Why Western Leaders Seem Increasingly 'Out of Control'.

Increasing Censorship is but one major symptom of State Capitalism.
The Free Market Died in 2008 and was Replaced by State Capitalism.
Source:
In addition, within free market democracies, courts exist to safeguard the rights of individuals and companies. In state capitalist countries, they exist to legitimize the state's hold on political power. As a result, when the White House pressures BP to pay damages, the company knows it will have its day in court. In China, a foreign company is unlikely to win a ruling against the government. In the United States, companies "lawyer up." In China, they are "Googled out."

Take Google, for example. When Google executives decided that cyber-attacks on its Gmail accounts from inside China could no longer be tolerated, they decided on open confrontation with China's government over censorship issues. Google remains a relatively popular brand with Chinese internet users, but there were several reasons why Beijing would rather force Google out than compromise with it.

First, there are other search engine firms that do not challenge the leadership's right to restrict the flow of information. Second, one of those firms is Baidu, a Chinese company with friends in government and a much larger Chinese market share than Google. The message sent to Google was clear: Lawyer up if you want to, but you have started a war you cannot win.

2 comments:

L said...

A government based on capitalism just cannot last without moral leaders. We are seeing this today.

-FJ the Dangerous and Extreme MAGA Jew said...

Our current government prefers to censor us rather than listen to us. I doubt that their "secular luxury morality" matches our more simple religiously based version anymore.