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According to the reporter, this abandoned theme park is a harbinger of doom for China's economy. But couldn't it instead be viewed as evidence of entrepreneuria
by skm 15y ago
According to the reporter, this abandoned theme park is a harbinger of doom for China's economy. But couldn't it instead be viewed as evidence of entrepreneurial risk-taking activity? Taking risks, by definition, involves projects that don't pan out.
Imagine if, every time a silicon valley startup abandoned 100k lines of code to pursue a better idea, reporters swooped in and pointed this out as evidence of impending doom.
(Note that I'm not addressing, and certainly not condoning, China's societal/governance problems, e.g. whether the land was taken unfairly from the farmers, etc. That's a whole 'nother ball of wax.)
- prawn 15y ago"Imagine if, every time a silicon valley startup abandoned 100k lines of code to pursue a better idea, reporters swooped in and pointed this out as evidence of impending doom." Don't we just get "the bubble is bursting!" articles instead?
- wisty 15y agoAlso note, it was years ago. The China of 2002 was nothing like the China of 2012 - it had a completely different set of problems.