|
|
|
|
|
by lenerdenator
47 days ago
|
|
Of course it has fiduciary duty to shareholders. If they don't set up deals that investors want, they can't continue to exist. Is it something that they can be sued for in a court? No, but it's just how markets work. As far as the execution of government officials for bribery, they also do quite a bit of other enforcement action that "Western permissiveness" just wouldn't tolerate, like sending ordinary people - not billionaires or cadre members - to re-education camps for wrongthink. |
|
China’s government is likewise not accountable to or easily fit into the framework of “a market”, for reasons not the least of which include it being explicitly anti-capitalist. Wealth hoarding does not accumulate political power in China, and those who attempt this play can and regularly do find themselves put back in their place - possibly a prison or a crematorium.
As for re-education “camps”, the US imprisons approximately 10% of its population - a huge number by any standards historical or contemporary - and virtually none of these are billionaires or governing elites, who are functionally immune to the systems of authority that “rehabilitate” regular Americans.