tag:blogger.com,1999:blog-25877305.post8937949823036043793..comments2023-08-07T17:17:24.610+05:30Comments on Smorgasbord: Ambani/Mittal and Lohia: A Tentative RemarkAshishhttp://www.blogger.com/profile/09019016808975565123noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-25877305.post-49484545518868032262010-03-12T11:26:39.670+05:302010-03-12T11:26:39.670+05:30Your horizon seems to expand both socialist way an...Your horizon seems to expand both socialist way and economist way together.:) <br /><br />This post made me think ArcelorMittal("AM") again-the King of the 21st century Metal. Global top metal company which has never built any virtual factory, but through strategic M&As, It keep recreating firm value, having those dying aquiree companies have thier lives again. That's what I have known of it so far. <br /><br />Put aside the unconditional national pride for external success of AM, your re-evaluation would give a positive impact on slow-right way, not on fast-wrong way, if I term it simply. <br /><br />Putting the term 'colonialism' to economic-related activies would require us to be most prudent. It's quite a political term. Some would feel discomfort. I don't exactly know what you meant by 'in cost of other nation'. Are you referring to their M&A eat-eaten activity? <br /><br />M&A is rather supported by national level and enterpreneual level. Unproductive&inefficient dying companies sometimes want other possible inquirer to take over them. It can be a great solution to minimize every sacrifice affecting from firm, employee to society and world.<br /><br />Even though Kazak slave thing is a bad news, it doesn't necessarily need to be called 'colonialism'. <br /><br />Those large companies now need to go together with people. In that sense, corporate social responsibility is a requirement. If those companies seems go wrong way, consumers would have to boycott.<br /><br />As a 3rd party, I see India differs from America in culture, religion, political system, and economic activities. American economic system is quite a failure.(I am not talking about market failure). Many expect India would be G2 by 2020-2030. I hope India not be America over again.Irishttps://www.blogger.com/profile/14667901794345979943noreply@blogger.com