The glories of the market

Posted: July 10, 2021 by datechguy in Uncategorized

Ten days ago or so, Nike CEO John Donahoe stated on an earnings call with investors that his fabled shoe company, started in Oregon by American Phil Knight, was “of China and for China.” Nike currently has 7,000 branded stores in China, and is, Donahoe boasts, the “largest sports brand” in the world’s most populated state, now a cruel dictatorship run by the Chinese Communist Party.

China is currently committing genocide against the Uyghur people of East Turkestan. It’s also crushing human rights and democracy in the former jewel of the British Empire, Hong Kong. And, still not finished crushing dissent and torturing its citizens, the Communist police in Tibet like to beat Tibetan monks silly.

This is who Nike and Mr. Donahoe are “of and for.”

And apparently, so are those athletes who take Nike’s money for endorsing their products: Tiger Woods, Michael Jordan, Lebron James, among many others. Has a single sports “journalist” asked any of these multimillionaires whether they are “of and for China?”

Of course not. The story has already been washed away from the sand under the unrelenting media tides. The media would rather gush over the 100th anniversary of the Chinese Communist Party.

In all likelihood, Nike will not suffer one noticeable whit from the contemptible musings of its CEO. It will continue to sell billions of yuan to the massive Chinese populace and lobby the U.S. Congress against banning slave labor.

Yes, Nike actually lobbied Congress to water down a bill banning slave labor. No one cares. Why should Nike? They know how this goes. So long as you give people the chance to buy something they want, they’ll forgive anything.

There’s no better example of this than Porsche, the legendary auto manufacturer. Porsche was founded in Stuttgart, Germany in 1931, shortly before Hitler and the Nazis took control of the nation. If any company was of and for Nazi Germany, it was Porsche. Ferdinand Porsche himself, the founder, was a Nazi and member of the Schutzstaffel, or SS. Along with designing the Volkswagen Beetle, at Hitler’s personal urging, Porsche also built the tanks that killed British and American solders, among others.

Did Porsche suffer any for its huge role in supporting Nazism and fascism? If they did, it’s long been forgotten.

Nike knows how this will go. Hell, the Left is already fighting to protect China from any consequences for its reprehensible human rights violations.

I wonder if they were wearing Nikes at the time.

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