Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Perception is what creates value. Nothing is unconnected. When perception is about resonance and interdependence as it is in the East, the economy functions as an arm of the state. The state is all that counts, which is how in China, the idea of ownership bows to the state. The West driven by individualism has an altogether different idea of what ownership is.


That's just meaningless word salad. If I have a bushel of wheat that's actual value, not "perception". On average over the long term, individualism has always created more value than collectivism.



Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: