A fun fact about another well known company - Foxconn. Apparently the founder Terry Gou came up with this name by joining words "fox" and "conn". Fox is an animal he liked and "conn" refers to connectors (which is what the company specialized in in its early days).
Hey, what a great joke, tipping my hat towards you, sir.
I also find many real-life situations come to reflect stuff that happened on my favorite movies and stories and I sure also quote them every chance I have.
My wife hates that but her boyfriend likes it, we found common ground there, only thing is he's more a DC-guy if you know what I mean (I think Marvel has a much richer multiverse, but anyway).
I don't want to derail the conversation obviously, just wanted to let you know ignore the naysayers (I see a few detractor comments on this thread already) and let us true fans enjoy our lore!
Good day, fellow M'arvel enjoyer! I like both DC and Marvel but my girlfriend (FtM) has a very high IQ so is only able to enjoy Marvel. She even got me the Tony Stark Funko to add to my collection!
Taking the mick out of the stereotypical capeshit-loving man-child completely devoid of self-respect and dignity. Cue the YouTube vid of that doughy soy-boy crying with excitement as he watches a trailer for the newest Marvel slop.
It's funny how helping your XYZ-neighbour because he's XYZ like yourself is totally okay, unless XYZ=white. Because when XYZ=white you are a nazi/fascist/white-supremacist/extreme-rightwing/hatespeecher/etc; all based off that single comment.
I really hate how heavily these comments get moderated. In my opinion if a site moderates user comments this heavily then the site should lose section 230 protections and be considered a publisher and be held responsible for any comments that you choose not to moderate. If the site functions as an editor but it tries to present that editorialized section as user opinions then the entire site may as well be astroturffed, your better off going to wikipedia to see what "regular people" think
> Funny that we picked democracy for our government but we just left corporations as little feudal kingdoms.
Ianal but I don't think the laws care about governing structure of corps. You can start a new corp and run it democratically all you want. There are co-ops and other interesting structures out there
Companies have a largely democratic component at the top, called the board. Voters (those who own the company) have representatives on the board. Some boards also have representatives from the employees, that varies.
It's not one person, one vote, so it's not democracy. It's very explicitly plutocracy (rule by money) as the operating principle of voting power is one share, one vote.
Except there's also a bunch of companies with special dual class share structures, where the founder gets way more voting power than everyone else and you can't even buy your way in. A lot of tech companies do this. This is, functionally speaking, an autocracy.
If you want an actual corporate democracy you would need to assign voting rights to everyone working at the company, aka build a co-op. Co-ops are a great corporate structure in a lot of cases but you can't really raise capital that way because VCs all want on your cap table, so all the big companies wind up being plutocracies.
It's one share, one vote. And you have a choice: You can ask the company to pay you (ie. apply for a job there), or you can pay for a share in the company. Either way, the decisions are made by those who pay. And that can include you — anyone and everyone has the right to start a company and to employ others, anyone and everyone has the right to ask for shares in the company as part of negotiating compensation.
I employed a painter a few months ago, and I decided what colour the kitchen now is.
> Doesn't this just boil down to planned vs free market economy?
Not at all. Market vs planned economy is about how the economy is set up. Are there businesses that offer products that you can choose between? That's a market economy. You can have that with democratic governance of corporations. The workers can own the means of production and you can have a market economy.
You don't need ownership by idiot dictators with money to have a market.
China has succeeded so much by moving away from a planned economy when they were fully planned they were one of the poorest nations in the world. Most successful nations are mixed economies and yes, this is a settled question.
They were very poor before central planning, and the central planning is what got them from being very poor to relatively poor and economically powerful.
Past performance is no indication of future success. It doesn't matter what's been successful in the past, these things can change. Communism was considered more successful than capitalism for a large chunk of the 20th century (because it was), then that changed and so did the narrative.
None of this is settled, because it's a living system that changes over time. What may have been perfectly true in 1850 might not be remotely accurate in 2050.
If you look on Alibaba or AliExpress and see different companies competing and undercutting each others prices, I don't really see it as a planned economy.
The CCP publishes their primary central planning mechanism for all to see. They just adopted the new 15th Five Year Plan in March [1].
There’s a whole bureaucracy just to coordinate the implementation at the sector, provincial, and corporate level driven by the State Council, NDRC, and NPC. Governments at all levels are involved with coming up with their own implementation plans to execute on the Five Year Plan.
You can trace decades of Chinese industrial development to those plans but the Chinese system is very different from the Soviet central planning mechanism, which is why I think you’re misinterpreting Alibaba’s price competition. The CCP explicitly allows non-state owned enterprises like Alibaba and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the five year plan instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there.
I think a better term might be a “steered economy”. You see fierce competition in some very specific and preordained market areas. Lithium batteries, solar panels, electric cars, industrial and autonomous robots, AI.
Now go look at the 5 year plan from Beijing. Green technology, robotics, mature node chips, and AI are the focuses.
In other words, it isn’t a mistake that China dominates in the industries that it does.
Who do you think pays for the political election campaign theater of all theses "democratic candidates" though?
I often have to think of Bane putting his hand on the shoulder of that Ben Mendelsohn character in The Dark Knight Rises while asking if he feels in charge. Reminds me of living in a western democracy.
And in Russian I believe such a company is called a "Soviet". They idea that the main part of the economy is run by this kind of organizations is one of the best parts of the USSR's attempt at communism.
Except A) he said none of that B) it's not actually relevant to what he did say.
There is a vast range of ways you can regulate a corporation and only some of them qualify as communism.
Germany has worker councils, it's still not communist.
Several European countries have much stricter regulations on how companies behave that moves them from the absolute power fiefdom internal model, guess what, still not communism.
I also find many real-life situations come to reflect stuff that happened on my favorite movies and stories and I sure also quote them every chance I have.
My wife hates that but her boyfriend likes it, we found common ground there, only thing is he's more a DC-guy if you know what I mean (I think Marvel has a much richer multiverse, but anyway).
I don't want to derail the conversation obviously, just wanted to let you know ignore the naysayers (I see a few detractor comments on this thread already) and let us true fans enjoy our lore!
?
* American Indian or Alaska Native
* Asian
* Black or African American
* Hispanic or Latino
* Middle Eastern or North African
* Native Hawaiian or Pacific Islander
* White
I learned Duck-typing from Ruby: if it talks like a duck, walks like a duck and swims like a duck -- it's a duck.
Applying this to Sam: he's white.
It's funny how helping your XYZ-neighbour because he's XYZ like yourself is totally okay, unless XYZ=white. Because when XYZ=white you are a nazi/fascist/white-supremacist/extreme-rightwing/hatespeecher/etc; all based off that single comment.
Funny that we picked democracy for our government but we just left corporations as little feudal kingdoms. It seems like quite the oversight.
In the world of AI I imagine that Automattic’s core business model is in turmoil.
Ianal but I don't think the laws care about governing structure of corps. You can start a new corp and run it democratically all you want. There are co-ops and other interesting structures out there
Except there's also a bunch of companies with special dual class share structures, where the founder gets way more voting power than everyone else and you can't even buy your way in. A lot of tech companies do this. This is, functionally speaking, an autocracy.
If you want an actual corporate democracy you would need to assign voting rights to everyone working at the company, aka build a co-op. Co-ops are a great corporate structure in a lot of cases but you can't really raise capital that way because VCs all want on your cap table, so all the big companies wind up being plutocracies.
I employed a painter a few months ago, and I decided what colour the kitchen now is.
Doesn't this just boil down to planned vs free market economy? I think we've seen over an over again which one works and which one doesn't.
Not at all. Market vs planned economy is about how the economy is set up. Are there businesses that offer products that you can choose between? That's a market economy. You can have that with democratic governance of corporations. The workers can own the means of production and you can have a market economy.
You don't need ownership by idiot dictators with money to have a market.
None of this is settled, because it's a living system that changes over time. What may have been perfectly true in 1850 might not be remotely accurate in 2050.
There’s a whole bureaucracy just to coordinate the implementation at the sector, provincial, and corporate level driven by the State Council, NDRC, and NPC. Governments at all levels are involved with coming up with their own implementation plans to execute on the Five Year Plan.
You can trace decades of Chinese industrial development to those plans but the Chinese system is very different from the Soviet central planning mechanism, which is why I think you’re misinterpreting Alibaba’s price competition. The CCP explicitly allows non-state owned enterprises like Alibaba and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the five year plan instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there.
[1] https://en.wikipedia.org/wiki/15th_Five-Year_Plan
Now go look at the 5 year plan from Beijing. Green technology, robotics, mature node chips, and AI are the focuses.
In other words, it isn’t a mistake that China dominates in the industries that it does.
Have you asked people in China about this?
I often have to think of Bane putting his hand on the shoulder of that Ben Mendelsohn character in The Dark Knight Rises while asking if he feels in charge. Reminds me of living in a western democracy.
https://en.wikipedia.org/wiki/Worker_cooperative
There have been some govts that mandated this type of organization for part of their economy; we usually refer to that as communism.
(no value judgement here, there are day's when I'm quite a commie myself)
Congratulations you have reinvented communism from first principles! And you are completely correct in your analysis.
That's a hilarious leap.
Look into https://en.wikipedia.org/wiki/Worker_cooperative
And in Russian I believe such a company is called a "Soviet". They idea that the main part of the economy is run by this kind of organizations is one of the best parts of the USSR's attempt at communism.
There is a vast range of ways you can regulate a corporation and only some of them qualify as communism.
Germany has worker councils, it's still not communist.
Several European countries have much stricter regulations on how companies behave that moves them from the absolute power fiefdom internal model, guess what, still not communism.