Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6719033654443589632
#US #Companies in #Global #Competition with #Nation #States:
U.S. companies must understand that in many cases they are no longer simply competing with corporate rivals. They are competing with the nation-states supporting their corporate rivals— with enormous resources and capabilities and with very little restraint on what they will do to succeed. What chance does a U.S. company, playing by the rules, have of competing with a rival company that is supported by its home government, including that #government’s #spy #service? U.S. businesses are decidedly not supported by U.S. government spy agencies. For this reason, they are often competing on an uneven playing field.
Many #authoritarian #governments are doing everything they can, including using their spy services, to build successful #businesses and grow their #economies. Indeed, even some #nonauthoritarian #governments are taking this approach. The reason for this is simple: Many nation-states view privately owned companies within their jurisdictions as extensions of their governments… as if those entities were integrated parts of government. These nation-states are consciously building national champions to #dominate #industries to extend their #national #power—not just domestically but also #worldwide.
