Maekawa didn't speak, she understood this same-sex feeling the same way she had experienced love back then. At this time, Zheng Xuan spoke:

"I know who sent him and what his purpose is.

'The child has no mother, it's a long story'. This story begins with my land deal that shook Southeast Asia. ”

Zheng Qimin, you are also a college student, and your uncle asked you a question. Cities have been around in Thailand for thousands of years, but even older than cities are the vast countryside, so why is there an irreversible 'urbanization' in modern times?

Yes, the vast majority of experts and professors believe that urbanization is the result of industrialization. This is an irresponsible perception that only explains the superficial appearance. What we want is for Cao Chong to weigh the elephant, not for the blind man to touch the elephant. Representational explanations hinder our understanding of the underlying causes of urbanization.

Cities are characterized by their ability to provide public services that are not available in rural areas.

Public services are the only source of urban land value. The value of urban real estate, in the final analysis, is the projection of the public services in the area in which it is located. Whether it's city walls, roads, or water diversion projects, public services require large-scale, one-time investments. In the traditional economy, one-time investments are obtained mainly through the accumulation of past surpluses. This greatly limits the construction of large-scale public infrastructure. The huge one-time investment in infrastructure has become a major obstacle to urban development.

Breakthrough progress comes from the innovation of the modern credit system. Through the credit system, future earnings can be discounted to the present, allowing capital to be formed in a way that moves away from dependence on past accumulation and toward expected returns. The credit system provides the possibility for large-scale, long-term infrastructure investment.

Modern theories tend to explain economic growth in terms of technological progress. In fact, R&D activities have accompanied human history for thousands of years, but only after the emergence of the credit system became independent and became a key factor, which shows that without the credit system and original capital, technological innovation is just a flash in the pan again and again, and R&D is unlikely to become an independent mode of production.

In fact, if infrastructure is also seen as a product, urbanization itself can be seen as part of industrialization – the production of infrastructure by industrial methods.

It was precisely because modern finance and technological innovation provided the original capital for both industrialization and urbanization that they were launched. Therefore, industrialization and urbanization are symbiotic, not causal.

Only capital can be used as collateral for capital.

The key to the credit system is how to obtain 'initial credit'. Both industrialization and urbanization must cross the threshold of raw capital. Once the infrastructure accumulation is complete, it will bring continuous tax revenue. These taxes can be repledged, reinvested, self-circulating, and accelerating.

The choice of urbanization mode is, in the final analysis, the choice of capital accumulation mode. Different patterns of primitive capital accumulation determine different patterns of urbanization. History has shown that it is difficult to cross the minimum threshold of raw capital by relying solely on 'internal accumulation'. Forced accumulation can lead to large-scale social unrest.

Thus, the primitive capital accumulation of early capitalism was largely accomplished by external plunder. Almost every developed country can trace the 'original sin' of its early stages of urbanization.

Traditional Thai social relations are typical of the differential order pattern, and private credit is largely confined to the acquaintance society, so it can only be small-scale and short-term.