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Except Huawei is 99% owned by employees (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3856761 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3856761
by huyage 4y ago
Except Huawei is 99% owned by employees (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3856761 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3856761) and paid out $9B+ to employees last year (https://www.scmp.com/business/article/3173121/huawei-pays-out-us965-billion-dividends-current-and-retired-staff https://www.scmp.com/business/article/3173121/huawei-pays-ou...).
- himinlomax 4y agoIt's owned not by individuals employees, but by the employees' union ... which is entirely controlled by the communist party and not the employees. It's a very obvious fiction. The generated income may end up in the employees' hands, but the control is in fact with the dictatorship.
- hgsgm 4y ago
- PaulHoule 4y agoIsn't that what you'd expect in a "Worker's State?"