From Megan McArdle’s “These spineless weaklings have shamed themselves and their country” in Saturday’s Washington Post:
[T]he NBA-wide genuflecting to China is just one disturbing example of a much larger problem as U.S. companies have wiped Taiwan off their maps, erased Tibetan characters from American films, and expelled or cut ties with anyone who dared suggest that democracy is better than China’s one-party rule, and that liberty is better than living in an authoritarian surveillance state. These corporate chicken-hearts include: Apple, American Airlines, Blizzard Entertainment, Coach, Delta Air Lines, Disney, ESPN, Gap, Marriott, Nike, Ray-Ban, Tiffany, Vans, and Viacom…
Those business “leaders” who have tacitly endorsed Chinese policy are too afraid of losing their access to China’s 1.4 billion consumers, or its marvelously cheap and efficient supply chains, to bother about any of that. And in fairness, they do have a duty to protect shareholders’ investments and to increase their value if possible, and therefore arguably have no moral obligation to stand up for liberty.
That may be a fundamental indictment of American capitalism, as many have suggested over the past few days. But one can never indict “markets” without implicating millions of co-conspirators: the shareholders and consumers who will keep buying the companies’ shoes and watching their movies and attending their games no matter how eagerly they parrot the Chinese Communist Party line.
The rich world is still a much more valuable market for these companies than even 1.4 billion consumers with low to moderate incomes. If the public had ever demanded that they stand up for liberty, they’d have quickly become champions of freedom. But we won’t, so they don’t.
My take: Tim Cook is still paying the price for pulling HKmap.live. Even John Gruber has called BS. As the saying goes, “He who sups with the devil should have a long spoon.”