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.
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.
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.
Isn’t the article about moving up the value chain rather than creating national champions?
So why bring the example of Samsung then?
I thought it was a (bad) example for the main argument
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.