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.