What if on the other hand this is the fundamental aspect of Capitalism... Where the people with capital are always telling other people who might want access to whatever they are holding, money, markets, production, whatever, that if they don't kowtow they won't do business with them. And no one talks about it, just like no one talked about all the Chinese hacking so as not to ruin their reputation and anger China.
luckylion|6 years ago
> just like no one talked about all the Chinese hacking so as not to ruin their reputation and anger China.
I feel like that's a bubble issue. I'm not particularly interested in the latest "China hacks XYZ" stories and I see them all the time. If you have the impression that nobody talks about them, I think you might need to read more main stream news, they do get a lot of play.
devoply|6 years ago
As for a Smith refusing, yes, that could be the case. But there was no consolidation of power and industry as there is in Capitalism. So you could easily find many other Smiths to help you with whatever you needed. Going forward there are many specialized industries many of which are extremely consolidated. So you can't just go to someone else they own a whole spectrum. And that also makes it much easier for China to shut down things, as they could blacklist a whole set of businesses not just one.