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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by ashtonkem on Saturday November 14, 2020 @01:23AM (#25090655)
> Authoritarianism is bad for business

This is true, but there are also plenty of cases where big businesses have propped up authoritarian regimes because they fear someone else more. The best historical example for this is Hitler; his rise was heavily supported by big and small businesses that feared left wing groups would cut into their profits[0]. This is part of why Hitler was able to rise despite never commanding an overwhelming majority.

0 - To be somewhat fair to the big businesses, there were actual communists running around Germany trying to get a revolution going there too, and that would be very bad for business too.

Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by cynusx on Saturday November 14, 2020 @10:57AM (#25093054)
Communism is an extreme version of authoritarianism, officially executed in the "name of the people" but in reality executed by a revolutionary command of max 10 people.

In interwar Germany, there were also old imperialists who didn't value democracy too high that were more than willing to ally with Hitler.

It wasn't just businesses, it was also the church who rightly feared prosecution from the communists.

There were very few pro-democracy parties in interwar Germany and NSDAP was the only one with a huge militia that would be able to defend against a communist revolution.

The army was too small because of the treaty of versailles.

You could argue that businesses picked the least-worst option among a plate of very bad options.