Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel
by bdjsiqoocwk on Monday April 15, 2024 @02:26AM
(#40037563)
The difference is that Japan is a Western country, China isn't.
[ Parent
| on HN ]
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel
by ludston on Monday April 15, 2024 @04:48AM
(#40038177)
What? You mean capitalist nation rather than communist right?
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel
by bdjsiqoocwk on Monday April 15, 2024 @05:02AM
(#40038254)
No, I mean with rule of law and powerful institutions. As opposited to China (or Russia), which have law, but institutions are engineered so that the person in power can highjack them to ensure the outcomes they want.
Think about it. In western countries (US, UK, EU, Japan, etc) you can have a court rule something that is seriously inconvenient for the government. In China and Russia that never happens.
Re:U.S. Steel Shareholders Approve Sale to Japan's Nippon Steel
by throwaway2037 on Monday April 15, 2024 @09:20AM
(#40040207)
Overall, I agree with your sentiment. The specific example that you chose was very thoughtful. If parliament is forced to accept a court decision, it says a lot about the maturity of a democracy.
However, I take issue with the term "Western". In this case, I would say the most advanced countries in OECD, which implies: highly functioning democracy and highly industrialised, capitalist economy. To be clear, for historical reasons there are some, err, odd members in OECD, including Turkey (currently a dysfunctional democracy) and Mexico (high levels of perceived corruption, drug war, poor control of police). And, to be fair, I don't have a good way to decide which are "the most advanced countires in OECD".