RE: Anarcho-capitalist libertarianism
December 3, 2022 at 2:37 pm
(This post was last modified: December 3, 2022 at 2:38 pm by Aegon.)
(December 3, 2022 at 8:47 am)Belacqua Wrote: I was interested to learn recently that electronics giant Huawei is socialist -- it is wholly owned by its employees. Its founder has only a 1.7% share.
This is one of the reasons the US has been working to block them through unfair trade practices -- for example imprisoning their CFO on bogus charges. It's because the US doesn't like it when the workers make the profits, rather than Wall Street investment types.
The other reason is that the US spy agencies want back door access to all electronic communications (as Edward Snowden revealed) and Huawei doesn't play along.
This might be true to an extent, but it is most definitely not the primary reason they're looking to regulate them in the US. Huawei devices are essentially Chinese spyware, and anyone who is using one of their devices has their information compromised. Nobody with a security clearance can have a Huawei device or have a TikTok account for a reason.