Blackstone Makes Offer on infocom

Stream Notes: 7/05/24
Blackstone Makes an Offer for InfoCom

Is it racist to go somewhere you arenโ€™t from and impose your beliefs on the native people, or is it spreading moral truths?

Asking for a friend.

In all seriousness, the infamous company Blackstone, known for a shared past with Blackrock, DEI practices, and apparently private mercenary work, has made an offer to InfoCom, a company in Japan known for owning about half of the manga and anime market. They are certainly not the only interested party, but being non-Japanese and having a reputation that is quite divisive, Blackstone is the one everyone is talking about.

We do not see this as a good thing.

Without bringing up their notorious track record, thereโ€™s the huge problem of a company purchasing something and not understanding or respecting the goods or services they provide. Is that inherently wrong? No. Thatโ€™s business and how a capitalist market works. Does it mean thereโ€™s a significant chance that the investment becomes a money pit? Absolutely.

On top of that, manga and anime have their own history that, to this day, have a stigma that many still lean into. The sexualization of young- or seemingly young- characters has an unfortunate history with the sexual history of Japan, some of which is very, very dark.

Do I think that history is good? Hell no- itโ€™s incredibly tragic and has had dire consequences for many, especially women and children as an open secret.

Japanโ€™s conservative philosophies and habits have been a boon and a bane for this reason. Their hesitance to adopt new ideas and beliefs means that homosexuality and protection laws for children have been slow to form, but they also havenโ€™t abandoned traditions and values, such as the family unit and self-improvement.

With that being said, an outside company that doesnโ€™t respect the culture of the place theyโ€™re purchasing sounds like a disaster.


Other Topics Discussed on This Liveโ€ฆ

To see the Live stream, check out the following link. The Blackstone topic begins around the 16 minute mark.


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