Re:NBA's China dilemma: $4B at risk as Chinese TV cancels ga...
by johnchristopher on Tuesday October 08, 2019 @05:36PM
(#21197549)
> If a company has to do layoffs because they're doing something "wrong", I'm fine with that. The toxic waste thing is just a simple example.
But the company doing the layoff isn't the same as the company doing the "wrong" thing. Think of the guy selling burgers in front of the stadium not meeting the quota because ticket prices surged and less people buy burgers or the bar owner selling less drinks because suddenly the rights to show NBA games rose up in order to compensate for the $4B of revenues disappearing and he has in turn to pass the buckets to his regular who either buy less drinks or shell out more money than before.
edit: I specifically wrote Random Mother Corpo® as in NOT THE NBA . To illustrate the fact that companies and the economy is inter-connected. That boycotting some company or country has some side-effects which bring collateral damage.
Re:NBA's China dilemma: $4B at risk as Chinese TV cancels ga...
by davidw on Tuesday October 08, 2019 @08:20PM
(#21198700)
It's impossible to predict exactly what happens where in a complex market economy, but yes, there could certainly be 'collateral damage', just as there could be indirect effects from ending pollution, or saving an endangered species or any number of other things.
I think there should be policies in place to help people who lose their jobs for whatever reason.