Kalashnikov faces bankruptcy

[chrisb507]

I thought this was an interesting story on how gun design "copies" have the potential to bring down a company.

From the article: "For years, the AK-47 assault rifle has been the world's most popular weapon...But the global recession and a proliferation of copycats has left the Russian maker of the Kalashnikov, OAO Izhmash, in financial turmoil."

http://www.theglobeandmail.com/report-on-business/kalashnikov-faces-bankruptcy/article1296238/

 

[Gelgoog]

I'm pretty sure they have gone bankrupt before and been bailed out. They are like the auto industry, they might fail, but they aren't going anywhere.

 

[slabuda]

Kind of funny how one of the biggest socialst/communist state run "companies" could go under due to capitalism.

 

[wishin]

Kind of funny how one of the biggest socialst/communist state run "companies" could go under due to capitalism.

It's only fitting too!

 

[Maverick223]

I tried to keep them in business...

 

[THE DARK KNIGHT]

Aside from this being old news, most people seem to miss the main point of all this.

THe Soviet Union was a communist country. They invented a highly effective, inexpensive weapon. They proceeded to proliferate those weapons, ammo, the machines to make them, blueprints, etc. to basically any left-leaning place/group that could be a good friend to have one day.

The notion that these countries are "copyright infringing" is ridiculous because not only did the USSR have no such thing as a patent, but they also encouraged this proliferation. Now that they're capitalist, they want to make money off it, but have realized, well, they cannot make how much money they probably could had they not spent 40 years giving them away.

Hah, comrade Lenin is rolling in his grave!

 

[Art Eatman]

Enuf old stuff...