China Thread

You still never answered my question directly. I get the feeling it's because you can't.

And the government doesn't have to force anything. We the people just have to use our buying power to convince companies to do right by us and their employees. Use whatever media we can to be heard as we transition back.

It's already starting to happen, bit by bit.

I have zero problem with people voting with their dollars. Every company has to consider their employees and clients or they won’t be in business long but that doesn’t make either one a stakeholder. Until you have skin in the game your only say in a company whether you spend your money with them.
 
I have zero problem with people voting with their dollars. Every company has to consider their employees and clients or they won’t be in business long but that doesn’t make either one a stakeholder. Until you have skin in the game your only say in a company whether you spend your money with them.

So you're using an anecdotally formed definition instead of an official, widely recognized one. That's why you can't actually provide me a convincing source.

Why didn't you just say you were making it up to suite yourself?
 
So you're using an anecdotally formed definition instead of an official, widely recognized one. That's why you can't actually provide me a convincing source.

Why didn't you just say you were making it up to suite yourself?

Huh? It’s a simple well recognized fact that if you don’t own it you don’t have a stake in it.

I’d love to debate you more today but Suns out Guns out time to hit the lake.
 
Huh? It’s a simple well recognized fact that if you don’t own it you don’t have a stake in it.

I’d love to debate you more today but Suns out Guns out time to hit the lake.

You're debating dictionaries and textbooks, not me.

And enjoy the sun! Nice to see it again.
 
Time Magazine Takes Chinese Cash To Promote Controversial Drone Business

Iconic mag fails to properly disclose $700k from China

hk_g1500_chinawon-736x981.jpeg


As part of a $700,000 advertising campaign, Time magazine published articles from a Chinese state-run media agency touting a controversial Chinese drone maker accused of helping the government surveil Uyghurs and boosting the Chinese Communist Party’s latest five-year economic plan.

Time has published 75 online articles from China Daily as part of the lucrative ad deal, which began late last year. The Time webpage discloses that the company is paid to publish the China Daily articles, though not that they are state-sponsored propaganda.

The Justice Department requires China Daily to disclose its media activities under the Foreign Agents Registration Act due to its affiliation with the People’s Republic of China. The news agency paid millions of dollars for advertising and printing over the past six months to American newspapers and magazines, including Time, the Los Angeles Times, Chicago Tribune, and Foreign Policy magazine.

Time Magazine Takes Chinese Cash To Promote Controversial Drone Business - Washington Free Beacon
 
Ok. So what is the form of capitalism where value is maximized for the customer and long term retention and positive experience is maximized for the employee, with the goal that both of these will result in a stronger and more profitable company?
Public companies are owned by their shareholders. ONLY by their share holders. They could be employees but they don’t have to be. The board answers to the shares holders. The executives answer to the board. Nobody answers to the employees automatically in a public company.
 
I think the good news is more Americans are waking up to the growing threat of China. This virus exposed their behavior. We have helped finance their rise and misbehavior, and it is clear there are bureaucrats in bed with them for the detriment of the country.

I could stop buying "Made in China" but it won't make a difference unless millions do the same. We have also educated many of their spies over here right now.

Too many are still fascinated with having a Yeti decal on their back window.
 
Ok. So what is the form of capitalism where value is maximized for the customer and long term retention and positive experience is maximized for the employee, with the goal that both of these will result in a stronger and more profitable company?

Assuming long-term profitability and maximization of shareholder wealth are considered end goals what you've posted is generally considered to be the best operating philosophy to achieve those goals. IOW, we seek long-term customer satisfaction and retention (a Market Orientation) as the means by which we maximize shareholder value. Retaining good employees is another pathway to shareholder wealth maximization.

the operating strategies are subordinate to the organizational objective.

clearly not all organizations believe shareholder wealth maximization is the only organizational objective but customer value and employee value are generally seen as pathways to organizational goals rather than the goals themselves. They are the strategies that bring resources into or represent the best use of assets within the organization to achieve organizational goals.
 

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