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this post was submitted on 05 Apr 2022
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Fair enough. Huawei's bonus pool was exceptional in that it was so large. And that even base salary spread between lay workers and executives is far smaller than in a US counterpart.
But the idea of an annual bonus tied to company income isn't a novelty of Huawei. Nor is this a sign of a non-capitalist business model. It is simply an earlier stage of Capitalism.
Luxury cell phones occupy an economic niche that affords the firm high profit margins. I don't think you'd want this model of firm operating your plumbing network or electricity provider or your rail system or your grocery store chain.
That's not to say the co-op model isn't superior to the corporate investor model. But it is still a capitalist form of production, in which the incentives are stacked towards continuous growth and expansion.