A quick hit for the lunchtime crowd from Seeking Alpha:
In this week’s Time magazine story about China’s Me Generation (teens to thirties), a rising middle class twentysomething declared he would rather have a Nintendo Wii than democracy. Need I say more?
Um, wow. I don’t know if that’s bad news for China or great news for Nintendo or what.
An accompanying article, also at Seeking Alpha, tells us that demand for the Wii has increased in the run up to the holiday season. Investors, as is usually the case with a sure thing, are clamoring to buy more stock. “As I noted when first recommending NTDOY at SmartGuyStocks in June, the Wii is a revolutionary development in the gaming world that is doing what PS3 and Xbox360 will never do: going mainstream,” said one investor analyst.
Right on, man. It’s also apparently the scourge of democracy in mainstream China too. Good times.
I don’t know about democracy, but certainly the Wii and anything else by Nintendo represents capitalism, not communism.
Woot?
nintendo does not represent capitalism, as that isnt the only way to make money. nintendo represents good business practice and have never shown a leaning to anything anti or pro government.
this whole farce that anything that makes money is capitalism is misleading bull. to repeat: its not the only style of economics that makes money.
forgot to mention, capitalism is not the opposite of communism. communism is a style of government, capitalism is a style of economics, they do not relate to each other, except for the fact that capitalism can only work in a democracy or a republic, assuming neither of those regulate it.
My personal favorite: Communism works on paper
I hate nintendo. All of the games are childish! Buy the Xbox 360!!!!!!!!!!
Something about that last comment seems, I dunno… childish?
Is the universe going to end now?
Maybe the guy wasn’t a Guns and Roses fan?
Personally the guy who said that is an idiot, but since I don’t live in China Smoggiest country in the world, I am happy…plus more business for Nintendo! Maybe instead of voting Chinese people will go out and buy some Wii’s! Nintendo stock soars again!
LMFAO!!!!!!!!!
Communism sucks! “Yes I love when my government does not listen to me or let me do anything, basically has shackles around my legs, chops my fingers off if I use the internet and chops my dick off if I have sex and says that this government is for the people when its for its own pockets.†How can you not love communism. The only thing communism has done for us is give us cool baseball caps and T shirts which have the red star, the hammer/scythe and some Russian letters on it
Err… I happen to agree with that Chinese man, depending on what brand of Capitalism, Democracy, and Comunism we are talking about here…
“communism is a style of government, capitalism is a style of economics”
Not true: although now Comunism is seen here in the U.S. as a form of government, that’s only because some governments branded themselves that way. Comunism in its purest form IS a style of economy, and it IS the opposite of Capitalism! And yes, as Jack pointed out, pure Comunism, so far, has only worked on paper! But as any middle class parent can tell you, so has Capitalism… Just try paying the part on those medical bills that your HMO doesn’t cover! And, you should remember, Comunism doesn’t mean there isn’t a Democracy: France is under a Comunist-style government right now, and it works pretty damn well!
I think you guys are confusing Comunism, a style of economy, with Totalitarianism, a style of government.