China had a bankruptcy law in the 80s, but it wasn't until the early 90s that private companies were allowed to go bankrupt, as for state-owned enterprises.

Hehehe!

From the perspective of bankruptcy law, the 70-year history of the Republic is actually a chronicle of bankruptcy "counterattack". If we paraphrase football terminology, the chronicle of bankruptcy "counterattack" can be divided into the following stages: from suspension to comeback, from comeback to entering the squad, from entering the squad to the bench, from the substitute to the starter, from the starter to the core, from the core to the superstar...... This is destined to be a glorious thorny road.

For a long time, China's bankruptcy law was basically equal to nothing.

Under the planned economic system, state-owned enterprises have become a new force in socialist construction and have made outstanding contributions to the reconstruction of the economy on the land of China after years of war. With the support of the state's political and economic policies, state-owned enterprises are as stable as a rock, insulated from bankruptcy, forming the myth that bankruptcy is impossible. In this context, bankruptcy is seen as the patent of the capitalist system, and the absence of bankruptcy is seen as a manifestation of the superiority of the socialist system. In this context, from the beginning of 1949 to the reform and opening up, the bankruptcy law was in a state of "banning".

The reason why bankruptcy is so secretive is not only the question of whether state-owned enterprises can go bankrupt at the economic level, but also the political problem that cannot be solvedThe working class, as the leading class, is the master of state-owned enterprises; therefore, state-owned enterprises have a moral responsibility to provide workers with a full range of benefits from the cradle to the grave. So, if a state-owned enterprise goes bankrupt, what will happen to the workers? This is a question that cannot be imagined.

I have to say that in the era of big pot rice, this is how it is stipulated and thought so.

Of course, what is a big pot of rice, and the times have proved that it won't last long. Under the "big pot rice" model, the employees of state-owned enterprises do the same thing as they do well and badly, and they do it or not. The lack of autonomy and enthusiasm in the operation of enterprises, as well as the lack of market pressure and motivation, the general poor operation and management, long-term and large-scale loss state, survival completely depends on financial subsidies.

In 1983, the 34th anniversary of the founding of the People's Republic of China, ushered in the beginning of bankruptcy in the history of the People's Republic of China. This year, the word "bankruptcy" also broke ground in official documents.

Looking back, although there are many disputes over the legislation of the enterprise bankruptcy law, the core is the issue of employees. As mentioned above, even if we break the myth that state-owned enterprises cannot go bankrupt, the issue of resettlement of employees in bankrupt enterprises is still a realistic and urgent issue.

The confidence of the second boy of the Wu family comes from the one he holds in his hand, and the State Council issued the famous "Document No. 59".

That is, the Notice on Issues Concerning the Trial Implementation of the Bankruptcy of State-Owned Enterprises in Several Cities. According to the document, the State Council selected 18 cities nationwide, including Shanghai, Tianjin, Qiqihar, Harbin, Changchun, Shenyang, Tangshan, Taiyuan, Qingdao, Zibo, Changzhou, Bengbu, Wuhan, Zhuzhou, Liuzhou, Chengdu, Chongqing, and Baoji, to carry out the bankruptcy reform of state-owned enterprises.

See clearly, it refers to state-owned enterprises!

Babao Distillery is purely private, even if it can really go bankrupt, it is true to repay the bank's money, but the wages of absolute workers are also preferential. Moreover, as far as the character of the Chinese when they first entered the decade, do you think that if you say that you are bankrupt, everyone will not look for trouble for you in the future?

This is the gap in understanding between reality and ideals, between nerds and real people.

As for the personal bankruptcy law, hehe, it seems that it has not been fully implemented until 2020.

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However, now in 1994, there are too many illiterates, and there are many ordinary people who do not understand the law.

Only from the eyes of He Zilong and Wang Chaofeng, it can be seen that everyone who was originally very tough began to dodge and retreat under the power of Document 59 and the eyes of the second son of the Wu family.

These debt collectors were finally "convinced" by the Wu family, and they can't accept it!

At the end of the year, we only have to pay back a part of the money to us, otherwise, even if the fish dies and the net is broken, it will be better than your Wu family running away. Someone said viciously, and then turned and left.

"My house is nearby, and I will watch you in the middle of the night, if you want to transfer machines and property and run away, you can't do it......," someone else said smartly. After saying that, he is gone!

"This is really the last time, give your Wu family a chance...... As soon as I heard that there were common people, they lived nearby and could monitor here, and the others were also a lot more relieved.

Running away in the middle of the night has happened too much, and they can't help but be unconvinced.

A lot of bosses say one thing in front of them, and when everyone disperses, they will drive trucks to pull things and run people in the middle of the night. The next day, after that, everyone came and saw that the factory was empty, not to mention the money, and no one could find it.

This kind of bad incident has not happened before, but in recent years, it has been heard more and more about it.

"It's only natural to pay back the debt, we just lack time!" The two brothers of the Wu family forcibly held on, and then returned to look at the workers, assuring, "We will pay a month's salary, for the time being, we can only do this, as long as the production progress keeps up, priority is given to the payment of wages, even if only a part of it can be paid." If you leave at this time, you won't have a penny. We are forced to go to Liangshan, I hope you will understand. ”

This is when the labor law is ignored, but the situation is pressing, and it can't take care of so much.

When the workers heard that they would be paid a month's salary first, they talked to each other and decided to accept it for the time being. Now that more and more people are being laid off from outside, and state-owned enterprises are in arrears of wages for several months, and only a little living expenses are paid.

After all, after going out, I don't have the capital to do business, and I won't do business. It also takes time to find a job temporarily, and the whole family drinks the West X wind in the middle, and only the factory still has food, so how can I deal with it for a while.

Perhaps, the sake factory has really come back to life, but isn't it enough to pay enough and continue to work?

Thinking about it this way, no one is crazy, people outside have accepted it, and their own people must also unite. Perceptions sometimes change so quickly, just like stocks and futures, one minute you are long, and the next minute you are short.

Nothing is impossible, it just depends on how the situation develops.

Even between countries, there are only interests and losses to consider, and people are actually the same thing.

All the people who surrounded them dispersed with mixed feelings, only the people who lived nearby were still talking about each other. The Wu brothers also returned to the office, and after a while, the factory machines roared again.

He Zilong glanced at Wang Chaofeng and said with a smile, "After watching the show for so long, it's finally our turn to betray, come in." Go directly to the two brothers of the Wu family, they are small and big, but they can be a family......"

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