Quote (Thor123422 @ Oct 8 2019 07:16am)
Those companies will play ball. Well south park won't, but the others will.
The companies arent ending business with China, largely theyre bending so they can sell in China, which is how capitalism works. It will bend wherever it needs to so it can sell. This is normal and happens at every level within and between economies.
The companies aren't ending business with China; China is ending business with them.
China's behemoth national broadcaster announced it would no longer air the two NBA preseason games set to take place in China this week. CCTV said it was in response to Houston Rockets general manager Daryl Morey's "inappropriate Hong Kong-related remarks."
Granted, things haven't progressed to the full-fledged state of abolishing the NBA's presence in China. These are merely steps in that direction. It is in indicator that political ideology is becoming the driving force for economic decisions. That is the opposite of capitalism. Capitalism is the idea that every participant
in the economy does that is in their economic best interest.
CCTV had a deal in place for broadcasting those two games (a deal that was profitable for them). Cancelling that deal is an economic sacrifice for them. They are making a decision that is not in their best financial interest. AKA the opposite of capitalism.This post was edited by Kayeto on Oct 8 2019 05:25am