Chapter 274: Invisible Replaces Visible Hands

The Invisible Hand of the Empire is very powerful,.. Macroeconomic control technology, which matches the speed of economic development and the speed of theoretical innovation, is one of the core businesses that the public pays the most attention to.

When Adam Smith wrote The Wealth of Nations, Britain was at an inflection point in the transition from mercantilism to trade, emphasizing that the invisible hand was a theoretical necessity that apparently did not exist in the economic history of the empire. The small peasant economy of the Great Song Empire had reached its highest point, and the embryonic stage of capitalism was directly prompted by the masses to the industrialization period of the intermediate stage of capitalism, skipping the disorderly competition stage of accumulating primitive capital for industrialization in the ** trade period, and the super colonial companies with large groups and national backgrounds soon became the giants of the trust stage. There are naturally pros and cons to this ripening. The disadvantage is that the invisible hand is the subjective initiative of the invisible hand to exert one's own pursuit of profits, which is easy to cause waste and grinding. The price mechanism that enables the rational allocation of social resources is easily distorted by visible hands.

But the high foresight and rational guidance of the traversal have eliminated this distortion, and if not eliminated it, it has been minimized.

In the view of the public, it does not matter how much or less macroeconomic regulation and control is used, and the key is to maximize the overall balanced development speed of the society. The development of all regions, all industries, and all strata must be in line with the best state of the future. Accustomed to talking about efficiency first, and then talking about perfection, of course, the crowd will not give up the basics. When the top priority was solved by the crosser, the speed of the black technology naturally slowed down. Just like the ** and trough of the three industrial revolutions, these three explosions of black technology have also been called the golden finger triple hit by later experts who study the history of science and technology.

The first time was the establishment of Chenji Academy, after the training of many technical talents, the diffusion of money-saving technology of light industry, the Great Song Empire appeared many towns and towns throughout the country and urban-rural junction of the workshop and consumer goods production and marketing network. An unprecedented variety of agricultural products and cash crops have entered consumers' homes in large quantities. For the first time, the prices of consumer goods fell sharply, and the prices of essential goods such as oil, salt, sauce, vinegar, and tea fell by more than half. Machine-pressed oil, salt produced by the salt-drying method, tea leaves and tea bricks made by roasting tea and mechanical force are cheaper. The price of steel products has fallen to 30% of its original level, and the price of pots and pans, needles and threads has plummeted due to gearboxes, water-powered circular saws, and various machine tools and professional machinery.

The light industry with little capital, fast turnover, easy to return to capital, and high profits has accumulated the first pot of gold for the crossing.

The second time is before and after the founding of the People's Republic of China, with the purchase of the powerful and the advantages of institutional construction and the diffusion of systems and technologies in the service industry. Modern catering, gaming, spa, massage, business, logistics, modern medical technology, luxury goods, art trends, fashion marketing, architectural style (glass in utensils, lighting fixtures and windows), chemical products, household utensils (Simmons and toilet paper, flush toilets are the most basic). To spread modern habits and living standards in East Asia and the world.

These allowed the influence of the Chenji Group to penetrate into the lives of all strata and completely control the lifeblood of this empire. Rural cooperatives and the joint-stock system have dramatically expanded the quantity and quality of partners, and the tentacles of the Chenji Group have rapidly penetrated into every corner and grassroots of the empire, and its influence has even surpassed that of the imperial court of the Great Song Dynasty.

The third is the construction and layout of the heavy chemical industry after the founding of the People's Republic of China. The social impact and changes brought about by big industry are most obvious and intuitive, with railway networks, bridges across rivers, steel bases, petrochemical industrial parks, mechanized docks and large ships, skyscrapers and mega-functional buildings (stadiums, broadcasting towers, etc.). The biggest effect of cement, steel, fossil energy, fertilizer, machinery and other industries is that the empire's industrialization speed is amazing, and the national strength is rapidly opening up the gap with other countries in the world. These monumental buildings, which are not inferior to the wonders of the classical era, are at most one or two in each country, (the pyramids of Egypt are a special case, after all, these dozens of pyramids were built over a period of 700 years) and in this new dynasty, hundreds of huge buildings of the level of wonder were built in a few decades, and this intuitive impact on national power made the monarchs of various countries submit.

This is all thanks to the meticulous planning and layout of the traversal. The executors and designers of these technology diffusion and infrastructure construction are all disciples and grandchildren who have crossed the crowd, and naturally worship the visible hand power accumulated by countless successful cases. They are also the beneficiaries of macroeconomic regulation and control, and the people on the same chariot must be keen to maintain this system of traversal.

The invisible hand has been suppressed by the traversal for many years, and in the post-industrial era, the drawbacks of the planned economy always have to be reflected, and the two giants of Chenji Group and Imperial Asset Management Company are two giants inside and one outside, and in the economic field of the empire, they are two complexes that are enough to influence the effect of macroeconomic control. In fact, the Imperial Asset Management Company is only part of the asset vest spun off by Chenji Group. Most of its original registered capital for the purchase of land and real estate was treasury bond funds borrowed by the Imperial Axe (from the Chenji Group). Its shares have also been put into the financial market controlled by the traversal as collateral for treasury bonds, and can be pocketed as prey by the Chenji Group at any time.

The economic characteristics of the planned economy are a high degree of planning, and the quantity, variety, price, proportion of consumption and investment, investment direction, employment and wage levels, and economic growth rate are all determined by the directive plans of the central authorities, which are no different from the management of multinational corporations. It is to develop the economy in a planned and planned manner. In this way, the problems of blind surnames and uncertain surnames in the development of the market economy have been avoided, and the harm caused to social and economic development has been avoided. For example, problems such as duplicate construction, competition among enterprises, factory closure, unemployment of workers, unbalanced regional economic development, and social and economic crises.

These benefits will soon disappear after industrialization, the large industrial layout and structure will gradually stabilize, infrastructure construction will be saturated, competition will become less and less due to the development of network and information technology, factories will be full of robots, the service industry will become the main industry of employment, the regional economy will reach a dynamic balance between resources and markets in the process of industrialization, and as long as the redistribution is solved, there will be no economic crisis.

On the contrary, the drawbacks of the planned economy have been exposed after industrialization, and it is difficult to play an effective role in regulating the contradictions between microeconomic activities and increasingly complex and changeable social needs, and it is easy to produce a mutual disconnect between production and demand. (The imbalance in the proportion of agricultural and heavy industry inputs in the Soviet Union is typical)

Failure to rationally regulate the relationship of economic interests among economic entities can easily lead to phenomena such as insufficient motivation, low efficiency, and lack of vitality. (The internal allocation of resources and the command of the surname output cannot be collected in cash, and there is no reasonable incentive system, and the phenomenon of piecework charging and timing grinding foreign workers exists in both the market economy and the planned economy)

Plans are easily detached from reality, resulting in unnecessarily huge waste and other defects. (Breenev, who patted his head, said that due to his one-sided emphasis on the development of heavy industry and military industry, the development of various sectors of the national economy was out of proportion.) Since 1979, agricultural production has been declining year after year. The sluggish agriculture has seriously affected the development of the national economy, especially the light industry and the food industry, resulting in a tight supply in the market. chronic shortages of major consumer goods; The Soviet Union had the largest amount of arable land in the world at that time, but the grain harvest failed year after year, and it had to spend a lot of foreign exchange to import grain; Soviet spacecraft could reach the moon and Mars, but cars broke down frequently and consumed prohibitively fuel; Many Soviet civilians had old household appliances in their homes, television explosions were frequent, and many often joked that Soviet-made televisions should be given to the enemy. )

The planned economic system conflicts with the real world of a state made up of many equal individuals. In a country, the macro level artificially creates the plan-makers, the plan executors, and the interests of the plan implementation are damaged, and the micro enterprise subjects are divided into enterprise managers and laborers, etc., and it is inevitable to form a privileged class and an enslaved class. Passive sabotage has become an inevitable choice for workers.

Although the Chenji Group is a private enterprise, but after becoming a giant that occupies the lifeblood of the national economy, the internal directives are actually no different from the directives of the planned economy, the difference is that the management has equity incentives and shares, and there are few errors and waste. But the arrogance mentality and privilege caused by [***] are inevitable in every mega-level trust MNE. Anti-monopoly law is still needed in order to create internal competition and more effective external competition to reduce arrogance and increase the sense of crisis. This is also an opportunity for the invisible hand to intervene in various industries that are highly concentrated in the hands of Chenji Group and its partners, and become a new driving force.

According to the idea of crossing the public, the old model of participating in all businesses and grasping profits in their hands to expand reproduction is no longer sustainable. How can the snowball roll into a snowy mountain? In order to stimulate the economic vitality of private small and micro enterprises, it is time to engage in a market economy and an invisible hand to continue to promote social development and progress.

At this time, the traversal will be able to let go completely, and only check in the general direction. The functioning of society can no longer only be maintained by relying on and through the plans of the people who are ahead of the times and the allocation of resources within the Big Mac Group. In this era of the intersection of the 123 industrial revolutions, the subjective initiative of individuals and individuals is still stimulated by equity incentives.

The invisible hand is the main driving force in the future, and the role of the visible hand will become smaller and smaller after the completion of industrialization, and even lose the roughness and power of the market before industrialization (because the economy is getting larger and larger, and the transmission and realization cycle of policies is getting longer and longer, so it can no longer be used often). Larger and larger ships naturally can't easily change course.

It has become increasingly difficult for the empire's economic policies to be executed and effective as they have been in the past. There are more and more complex and unpredictable areas of the economy, which has higher and higher requirements for the headquarters of Chenji Group, the brain of the planned economy, and there are more and more personnel in the relevant dispatching resource department, which has begun to appear serious waste and inefficiency.

According to the needs of the public, too many resources are concentrated in the production sector and upstream enterprises, and the insufficient resource investment in the consumer goods sector is becoming more and more obvious. Therefore, this aspect can only be slowly entrusted to other countries and private capital. (To be continued.) )q