Sunday, May 08, 2011
There Were Probably Women And Song Involved Also
At a time of rising public anger over high gas prices, Chinese Web sites and even some official media have bubbled with fury over Sinopec’s spendthrift ways and mocked the company’s claim that a lone, wayward executive is to blame — and has now coughed up for wine already drunk.
He also observed that the more prestigious Party members tended to bully their less important fellow travelers.
This may have been isolated to a backwater like Fuling, but if it is a wider practice in China, it means we have little to fear from them as a legitimate competitor - economic or political. If it is practiced in their businesses, they will be just that much less efficient.
I've been hoping to see this change, but it hasn't, IMHO.
The theory of communism was that it would change human nature. That much is clearly debunked.
What interested me so much about the article were the social forces behind the backlash; these companies have been getting away with this behavior, but now the pain of the gas prices in China is forcing heightened scrutiny.
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