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Economist, Aug 26, 2017

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发表于 9-7-2017 15:46:17 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
There is no need to read the rest of any of the following.

(1)
(a) Indian business  l  Toppling the Tycoons; Undue reverence for company founders harms both Indian firms and the wider economy.
("THE chairman of Microsoft, John Thompson, occasionally reminds one of its directors, a fellow by the name of Bill Gates, that his vote in board meetings is no more or less important than that of other members. Contrast that with Infosys, an Indian technology firm, whose own retired founder succeeded in getting its boss [CEO] to quit on August 18th, after a months-long whispering campaign")

My comment: I have doubts. Many Silicon Valley companies structure voting rights differently from ordinary stocks. This is called different classes of shares within a company. Even assuming Microsoft ihas only one class, Mr Gates owns the most shares of his company -- and hence likely controlling more board seats.
(b) Infosys  l  Founder's Folly; An ill-timed tussle at the top of an Indian outsourcing group.

(2) Bagehot  l  Atlas and Albion; The combination of Brexit and Jeremy Corbyn could lead to an exodus of capital and talent.
("IN 'ATLAS SHRUGGED,' published 60 years ago this October, Ayn Rand asked what would happen if society's most talented businesspeople got so fed up with being taxed, regulated and otherwise messed about by government that they went on strike. Innovation would cease. The economy would stagnate. * * * The world's fifth-largest economy 0UK] is in the early stages of its own experiments with driving Atlas crazy")

Note:
(a) There is no need to read the rest. The name of a dead British personality, Bagehot is the name of a column in The Economist.
(b) Albion
https://en.wikipedia.org/wiki/Albion
(c)  
(i) Atlas Shrugged (a 1957 novel by Ayn Rand; considered to be her magnum opus; The book depicts a dystopian United States)  Wikipedia
(ii) Atlas Shrugged; What's Up With the Title?  Shmoop University, Inc (based in Mountain View, California), Nov 11, 2008
https://www.shmoop.com/atlas-shrugged/title.html

(3) South-East Asian politics  l  Beauty and the Beast
(book review on Michael Vatikiotis, Blood and Silk; Power and conflict in modern Southeast Asia. Weidenfeld & Nicolson, 2017)

Quote

In South-East Asia: "Corruption, violence and religious extremism follow in cycles of misery: 'When the water is high, the fish eat the ants; when the water is low the ants eat the fish,' goes a Cambodian saying he [Vatikiotis] records.

"The most intriguing insights regard the nature of power itself in South-East Asia. 'Power is regarded as an absolute attribute * * * you either have it, or you don't,' Mr Vatikiotis writes. 'And your life is worth far less if you don't.'

"Victims of violence and slaughter, such as those attacked in the anti-communist massacres in Indonesia in the 1960s, receive little justice. Mr Vatikiotis tells how 40,000 people were killed on the island of Bali alone, now a paradisiacal destination for more than 4m tourists a year. But the bloodshed is rarely discussed there amid the surfing schools and the yoga studios. Impunity festers too in Cambodia, Myanmar and Thailand.
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沙发
 楼主| 发表于 9-7-2017 15:47:28 | 只看该作者
(4) Post-war British immigration  l  In Search of the Motherland.
(book review on Clair Wills, Lovers and Strangers; An immigrant history of post-war Britain. Allen Lane, 2017)

Quote:

"In 1956 an airstrip was built on Montserrat. For the first time it was easy to fly to and from the Caribbean islands; within five years 30% of its [Caribbeans of British territories or former colonies] inhabitants  had emigrated to Britain. Similar exodus took place across the world: by 1961 nearly a sixth of those born in the Republic of Ireland lived in Britain. Like a quarter of the population on Earth, the Montserratians and Irish lived in a British colony or former colony. Under the British Nationality Act of 1948, imperial subjects and Commonwealth citizens were entitled to the same rights as anyone born in Britain.  This proved to be short-lived, The Commonwealth  'open door,' the subject of Clair Wills's poignant book * * * lasted only until 1968 [when replaced by new immigration laws].

"The economic appeal of migration was obvious. In Mirpur, the region that many Pakistani immigrants came from, the average weekly wage for a labourer in the early 1960s was less than 40 pence; in Britain it was 31 ($39.70).

"When they [immigrants from the Caribbean] arrived they struggled to find landlords willing to rent them homes.  Most Commonwealth citizens found themselves regarded as the 'strangers' of the book's title.  Violence towards West Indians erupted with the Notting Hill riots in 1958.

My comment:
(a) This book explains to me why UK population is a hedgepodge just like US.
(b) Montserrat
https://en.wikipedia.org/wiki/Montserrat
(section 1 Etymology; "Montserrat is an internally self-governing overseas territory of" UK)
(c) British colonies in the Caribbean were granted independence from UK mostly in 1960s.
(d) There are many places in south Asia (Bangladesh, India and Pakistan) called Mirpur.

British Mirpuris
https://en.wikipedia.org/wiki/British_Mirpuris
(originate from the Mirpur District in Azad Kashmir, Pakistan)
(e) 1958 Notting Hill race riots
https://en.wikipedia.org/wiki/1958_Notting_Hill_race_riots

(5) Johnson  l  Journalese; The many pitfalls of language as used by journalists.
("EVERY trade is also a tribe, and journalists are no exception. One way that tribes, from teens [teenagers as a tribe] to programmers, signal membership of the group is through language. * * * They write * * * 'lede' [pronounced the same and derived from 'lead' (not metal) as the noun] or 'intro' for the first sentence in a story")
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