The NBA-China Disaster Is a Stress Test for Capitalism
The business of American business is business. Are we okay with that?
"China exercises a kind of veto power over the global marketplace of speech," argues
It's not just the NBA or e-Sports who've torched their values for Chinese access. It's ESPN and Disney, Apple, Marriott, Gap, Louis Vuitton, Mercedes, and countless American colleges and orgs. We are all paying a "values tax" to do business in China.
Swati G. Sharma
“This is bigger than buckets or blockbusters: It amounts to nothing less than a global corporate conspiracy of complicity.”
I spell this out at greater length in the piece, but the fairer representation of the argument is "western companies shouldn't give China veto power over their speech related to China." Trouble is: That veto is often the cost of doing business there.