PipMar 16

CEE Inc.: Either We Build Our Own Samsungs, or Stay Someone Else’s Subcontractor

https://feddit.org/post/27177589

CEE Inc.: Either We Build Our Own Samsungs, or Stay Someone Else’s Subcontractor - feddit.org

Lemmy

Show threadpoVoqMar 16

Uhm, Samsung is probably the worst example the author could have picked. These Chaebols are basically mafia organisations that have a severe negative impact on South Korea’s democracy and larger society.

In general this idea of needing “national champions” is extremely misguided and only leads to undemocractic structures having an outsized influence on the government.

Chaebol - Wikipedia

Show threadPip
Isn’t the article about moving up the value chain rather than creating national champions?
Mar 16 at 3:40pmWeb
Show threadpoVoqMar 16
So why bring the example of Samsung then?
Show threadPipMar 16
I thought it was a (bad) example for the main argument
Show threadpoVoqMar 16
No, I think it is rather an example of the mindset that only large conglomerates can be at the top of the value chain and given that most of the current eastern European suppliers work for such I guess that is a easy mistake to make from that perspective.