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> Another way to think about this topic is that China's CEO is Xi Jingpin. He's more like the chairman. He sets the direction that he wants china to go in, oth
by elfexec 7y ago
> Another way to think about this topic is that China's CEO is Xi Jingpin.
He's more like the chairman. He sets the direction that he wants china to go in, others execute his plan.
> There are a few distinctions between calling China a company and calling Apple a nation:
Nobody is calling china a company and apple a nation. People are talking about money and influence. Apple certainly doesn't have the money and influence of China or the US. But it has more influence than most smaller or even midsized nations.
- A nation has a treasury, has control over interest rates and can prosecute violators,
Banking cartels/central banks like the Fed control interest rates. The treasury mints money and collects taxes.
> - A nation has hard physical military and ability to go to war, a company has office security and HR
So has companies. Companies have even fought wars against each other.
https://en.wikipedia.org/wiki/Carnatic_Wars https://en.wikipedia.org/wiki/Carnatic_Wars
> - A nation can prosecute criminals, a company can layoff people.
Governments prosecute criminals. Companies have been able to try, punish and enslave people.
- thaumasiotes 7y agoFor another example, the British Raj originated when the British East India Company conquered India. There's nothing historically unusual about a private company operating its own military force.