this post was submitted on 21 Mar 2024
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Privacy
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Got a non-capitalist phone for me?
Sincerely as a hater...
Huawei is a employee owned and communist state backed company - not very capitalist, at least by comparison.
They're being hammered with export restrictions and sanctions and federal bans and executive orders to keep that from being a viable alternative in the US, but if you're outside that might be an option.
Lol as if. It is owned by the trade union who workers are required to be a part of, but have 0 say in.
The "union officials" are not chosen by the workers, but by management who are chosen by their management and so on until the Chinese head trade union officials which are party men who, just like in the old soviet Union, are essentially the chinese bourgeoisie. It is essentially a fascist oligarchy which is the exact same as under capitalism, just a different structure and cover story.
The workers get 0 say and there is no evidence that they share in the profit either, and huawei does not deny that structure either.
https://techcrunch.com/2019/04/22/why-its-so-hard-to-know-who-owns-huawei/?guccounter=1
And yet when Huawei was flush with cash (after being forced to sell off assets destroyed by US sanctions) it distributed those billions in profits back to the employees.
It's not a worker cooperative, there are problems with it like any employee owned company, but don't be so cynical.