Hacker News Reader

Comment by gruez | Hacker News Reader

>They also require the appointment of certain new executives

Ah so just like china?

>Now a wide range of foreign companies in China, from the cosmetics giant L’Oréal to Walt Disney and Dow Chemicals, all have party committees and display the hammer and sickle on their premises. In 2017, Reuters published an article that quoted executives from one European company saying that party representatives had demanded to be brought into the executive committee and have the business pay their expenses.

https://www.theguardian.com/world/2019/jul/25/china-business...

View on HN

> L’Oréal to Walt Disney and Dow Chemicals... display the hammer and sickle on their premises.

Wow. Quoted just so others don't miss this.

It was news to me.

Globalism is a race to the bottom when it comes to Individual freedom.

The actions of these companies in these Authoritarian nations proves that despite many claiming otherwise

This is darkly funny; of course their loyalty is to money rather than any ideology. They'll be Communists if there's money in it. After all, this enhances shareholder value for the shareholders in the US, and isn't that the one and only thing that matters to a modern company? There's no risk to the bosses and shareholders of being expropriated.

Well, unless Dow's local operations get seized ..

> Well, unless Dow's local operations get seized

I think Lenin once said: The Capitalists will sell us the rope with which we will hang them.

yep.

Not actually Lenin, but yes that's a common motif in Leninist thought : https://quoteinvestigator.com/2018/02/22/rope/

Lenin is the one that pioneered the hybrid authoritarian capitalist system that China is using right now too, so the feeling is very appropriate.

No. They just need to appoint any resident in India they deem fit for the job. As said in another commenter here, Twitter doesn't have any accountable person resident in the country to raise complaints and get clarification. But, these rules aren't just for Twitter but for all "significant" intermediaries to retain their status as such.

Reply on news.ycombinator.com