after 45 years of searches MACapotalism looks likwe number 1 - BRAC capitalism number 2 - we are hioping they will partrner each other to return economsiuts to system designers youth can trust
view 1 of macapitalism - by Professor Lowrey - author of Alibaba way and coordinator if Aliresearch
Ever since Thomas Moore described Utiopia around 1500, people have never stopped aspiring to and criticizing such a Utoipia. IN Chinese, the term is synonomous with a kind of fantasy land. If there is a utopia in the labkir market, what kind of work would people do there?
Since the time Ali Baba was founded it has consistently maintaiined a low barrier to entry for people who create startups on its platform. It doesnt charge fees for listing a storefront. It conducts routine training of store owners, public self-policing, convenient supply-chain services, and grassroots financing that is based on integrity capital. These things have enormously lowered the risks of starting up a biusiness. They have made it possible for a large number of people who have little expereibce and no capital and who otherwise would not have been able to start their own buisnesses. Star comoanies have been founded by an extrordinary range of people from students to handicapped people to formerly unemployed people to rural immigrant workers. Their sucecss stories have encpouraged even more people to start up their own businesses which is pulling up employment figures of socuety at large. Ali Baba has therefore created jobs of a whole new kind in the new economy.These are different from old forms of employment in distinct way -internet employment has provided jobs in particular to vulnerable segments of the population. It has served as a force for more equal employment opportunities and improving social equality in general. The Taobao net e-commerce platform could indeed be called a utopia of real world employment markets.