Yes, yes. I think about it in terms of how societies are structured to manage change, because change is inevitable. Chinese and US societies manage change quite differently, with trade-offs associated with both. As far as I can tell, individuals in both countries who are free to choose prefer the US trade-offs to the Chinese, but that’s just an observation, not a value judgment. My understanding is that Chinese global policies regarding natural resources don’t appear mindful of the environments they don’t own and control, such as in Africa — being quite short-sighted in that sense. An important criterion is how vested people are in the future, say, like fishermen who rely on the health of the ocean to feed themselves, or farmers to husband the land.
My opinion about private MNCs is that stakeholders need to participate in governance as shareholders and voters. That means investors, lenders, suppliers, workers, consumers, and neighbors. That’s a complex challenge, but it revolves around managing the risks and rewards of change.

Written by

I am currently a tech start-up founder in the creative media original content space. Social science academic and author.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store