Linked by Thom Holwerda on Mon 10th Dec 2012 16:30 UTC
In the News "So sprawling is Samsung's modern-day empire that some South Koreans say it has become possible to live a Samsung-only life: You can use a Samsung credit card to buy a Samsung TV for the living room of your Samsung-made apartment on which you'll watch the Samsung-owned pro baseball team. Samsung is South Korea's greatest economic success, and, more recently, the subject of major controversy. Economists, owners of small- and medium-size businesses, and some politicians say Samsung no longer merely powers the country but overpowers it, wielding influence that nearly matches that of the government." Campaign contributions, moles in political offices and chambers, this Samsung stuff - this is what happens when companies are left unchecked. It's cute if you think this only happens in Korea. Much of it all is legal, but that doesn't make it right.
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complicit government?
by bnolsen on Mon 10th Dec 2012 23:04 UTC
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Takes two to tango. If anything the government is worse than samsung allowing themselves to be run around and corrupted. Or politicians just get a free pass and blame it all on the evil capitalists? The buck stops at the politicians. If the government doesn't have very much power there's not as much to corrupt and it doesn't affect as many people.

Edited 2012-12-10 23:05 UTC

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