State owned economy is only way for human survival
Put the random thoughts diary at the front to help understanding the article
Humans are social animals that need mutually assistance to survive. However, the European ancestors, in order to fulfill their greed mentality, for being able to drive more people to plunder and kill others; they inhumanly fabricating hostile Gods brainwash people, to tear apart human nature to be Extremist Soul with individualistic values and war seek-genes, to have fragmented people, culture, economy, society and world into mutually hateful groups with regarding that plunders and kills others for being No.1 as a matter of course with the over humanized social elements facilitate bad to harm good.
Since the Expedition Voyage of Columbus discovered the New World in 1492, European countries were swarming out to colonial occupation; loot, kill, traffic slave and opium to do all kind of beast evils around the world from loot, kill at own home yards; and then Europe countries based grouping Europeans formed countries globally into an evil axis to more power violence, bloodbathed Europe; and looted China times and burned down the Old Summer Palace. After the World War II; the US of the son of European takes over the evil axis and more powerfully did all kill of the evils until this day.
Now; the US led evil axis was suicidal killed by US launched trade war and killed coercing force to support doing evil; which induced the reality that European inhumanly cultured western civilization, and its relied governance system of capitalism democracy; and which relied value system of the deceive ideologies, values, freedom, human rights, and so on, have suicidal failed and have quitted from the stage of history. Now the world needs an acceptable alternative in humanized social governance; and the Technocratic Democracy of China and its relied ideology Confucianism are the only choice.
The increasingly worsening trade war, unprecedented in the centuries, in fact, it is the final death throes of a declining inhuman civilization and its absurd governance system; which marks the end of the European looting killing bloodily soiled western individualistic civilization. World has entered the humanized Era of leading by China's Confucianism based collective civilization in the communism guides the building of a world of common prosperity.
--- Frank (Hongde) Li, April 14, updated in April 15, 2025
State owned economy is only way for human survival
Frank Li April 12, 2025
People hate social inequality and unfair with arguing that the Rich is too rich and the Poor is too poor. But, there few people are aware that:
The biggest social inequality is that rich individual with poor government.
The biggest social unfair is that a society is in favor of individual rich while government poor.
The saddest tragedy is that government of a nation is too poor to provide basic life-support for their national.
Please look at the tragedy, in 2012, Greeks were brunt of economic crisis; a report said that in April 4, a Greek pensioner shot and killed himself outside parliament in Athens saying he refused to scrounge for food in rubbish.
Please imagine that how desperate a pensioner must be to reach this point. Every time when I read about this tragedy, I can't help but shed tears. The ancient civilization of Greece could have reached such a tragic state.
Since far ancient, the Greek people have been the most hardworking and intelligent ethnic group in Europe. They developed own country as the cradle of European civilization; which exactly was the Western civilization also.
In modern times, Greek people have also created a wealthy life with the best economic development that topped in Europe. Why do retired elderly who have worked hard all their lives commit suicide in despair? Obviously, it is that the greedy capitalism made the tragedy.
Because individualistic capitalism enables a few greedy people deprive and occupy the wealth of the majority to enjoy the life of luxury and extravagance, while the majority wealth creating people live in the poverty and destitution as that Greek pensioner has to shoot and killed himself.
In this concern; the government must learn the rational practice of Russia, Norway, Singapore, Dubai, and China, to create Fiscal Revenue by state owned enterprises making profit; stop taking the hard working people as ATMs to exploit they hard earned money to make more unlivable.
Contents
Motivation of the topic
1...Brutal predatory made capitalism destroys human life
1.1...Sovereign bond idiotic play have ensured destroying the economy
1.2...Capitalism: A few individuals take wealth, the government is poor
2...The origin of state owned economy and state owned enterprises
3...State owned economy profits to government and people
3.1... Russia's State owned Economy and Social Welfare
3.2... Norway's Pension Fund owned Oil Makes Every Norwegian a Millionaire
3.3... Singapore's State owned Economy and Social Welfare
3.4... Dubai city's State owned Economy and Social Welfare
3.5... China, the State owned Economy and Social Welfare
3.6... Capitalism democratic play has ensured destroying the economy
Motivation of the topic
Today people world widely, no one would deny the fact that suppose without the great contribution of the United States in saving world from WWII and the post-war economic recovery, the world would be staying in Dark Ages of ruling by the Fascist Axis Powers. The United States has therefore become a world leader that respected and trusted by countries around the world.
However, since then; due to that the liberal democracy has been granting the Gov-power of America to the low quality people, the successive American politicians have mistakenly exploited the respect and the trust of the people of the world, and have developed U.S. into an evil public nuisance to the world, constantly creating disasters and destroying human world.
Now the people of the United States have developed many demon tools; the person who likes war can take it to provoke a war at will, the person who likes to overthrow the government of other countries, can take it to overthrow the legitimate government of other countries at will, and the person who likes to financial plunder, can take it to destroy economy at will.
People always accuse this country of being bad and that country is good; but they ignored the actual reality that it is the politicians on power are bad or good, but to a final analysis; it is the political system bad or good in the process of the formation of government; whether it is able to ensure quality people taking Gov-power by kicking away the bad one.
Nowadays, as same as that of the U.S.A. has been in doing, in the democratic played countries, in many cases, the behavior of the country does not come from the collective will of their people or the collective decision of parliament members, but from the liberal democracy enabled low quality politicians who abuse the Gov-power as personal crutch to ruin world.
Because of, that it is not all people in human feature are in human nature; some harm others for pleasure, so that; in today, the democratic government is acting as a platform for enabling low quality individual as dictators; which is that those being elected players of democracy are regarding themselves as the saver of world to recklessly act as sacred dictator.
It is same in all of democracies; this is what I said that democracy made runaway Gov-power.
In the U.S., due to the long-term nonsense of politicians, the military-industrial complex coerced them to provoke wars to sell arms profit, squandered survival funds, and foolishly turned the currency into sovereign bonds. Now, tax revenue cannot repay the huge sovereign debt. While the Weaponization of the US dollar intimidated countries around the world are abandoning dollar to kill dollar plundering income to continue to operate.
While there were 48 states of the U.S. have independent their currencies by gold instead, which have started sovereign independence actually. California and Texas, which have strong economic power, will become the leaders of the federal dissolution.
Now, as the Politburo member of China, Professor Wang Huning; who has indicated in 37 years ago 1988, the Gov-U.S. allowing corporations take over government functions, made excessive commercialization and the rampant liberalism, have corrupted social value system and failed social system; and now for money provoking trade war has angered allies as enemies to fight back and made U.S. in the process to expedite dissolution of federal.
Now, the world has entered the juncture of the reconstruction in the global governance, the reorganization in the market supply chains and economic model in development.
There are reports that the imposed tariffs by the Gov-U.S., waken up the leaders of Canada to seek reducing the dependence on the long-term friendly good neighbor; and for which have raised the issue of implementing some kind of energy corridor.
Liberal party leader Carney has promised to make Canada an energy superpower by creating trade and energy corridors for various types of projects deemed to be in the national interest for transport, energy, critical minerals and digital connectivity.
Meanwhile, Conservative party leader Poilievre announced the creation of a "'Canada First' National Energy Corridor" that w ould "fast-track approvals for transmission lines, railways, pipelines, and other critical infrastructure across Canada in a pre-approved transport corridor entirely within Canada."
To that end, Liberal Carney promised to set up a federal project office to speed up the approval of energy and resource projects, conduct only one unified review for each project, to make decisions within two years instead of the current five years. He also promised to launch a "First and Last Mile Fund" to connect critical mineral projects to the supply chain system more efficiently.
While Conservative Poilievre promised a one-year maximum for review times, with a target of six months.
I agree with the rational actions of the two key leaders in current Canada. However, even if the waiting time for project approval is reduced to six months, it is still too long in incredible ridiculous. The success of a project does not lie in the strictly pre-review, but in the strictly quality supervision with related punishment when the process of project implementation.
What is even more fatal is that none of them specified the form in the ownership for these projects. Obviously, as usual; they naturally acquiesced and practiced the continuation of the privated owned ownership as they believed only best practice.
As the political players of the capitalism democracy; the two leaders can never realize the fact that private ownership is legally presenting public wealth to benefit individuals rich; while makes the owner of government and people poor.
In this concern, since 2015, after a phone chat with an entrepreneur who was invited to discuss farmland ownership issue by the government of Saskatchewan and disappointed by the decision that Saskatchewan stops pension funds from buying farmland; then I write article Canada Pension Plan must develop in kind base and as key body of state-owned economy, --- Canada’s farmland must be used to make profit for all Canadians rather than for individual.
In article I indicate that French economist and the founders of French classical political economy Pierre Boisguillebert (1646 - 1714) who once said that agriculture and animal husbandry is two nipples of a nation, the agricultural prosperity is the foundation of prosperity of all other sectors.
In today, the agriculture and animal husbandry are still the two nipples of Canada.
In viewing that Japan’s Pension Fund Loses $52 Billion as Stocks Slump in April-June 2016, Canada pension Plan must retarget investment towards real economy of Canada to be developed in kind base from risky gambling luck in the market of stock, bonds or foreign projects, which, in fact, were in financing the economy of other countries.
In contrast that Norway's Government Pension Fund in Oil Makes Every Norwegian a Millionaire lessons us that Canada must avoid the mistake that allows oil wealth to be ripped by so called Free Market, Canada Pension Plan – CPP must take over all available wealth, especially, the farmland to develop in kind base and as key body of state-owned economy to make profit for all Canadians at the juncture of baby boomer generation farmers retiring.
Government must learn the practice of Russia, Norway, Singapore, Dubai, and China, to create Fiscal Revenue by state owned enterprises make profit; stop taking taxpayers as ATMs to make unlivable people more unlivable.
This topic is the excerpt extended from the article.
1... Brutal predatory made capitalism destroys human life
1.1... Sovereign bond idiotic play have ensured destroying the economy
During the Hundred Years' War between England and France, Edward III of England, who had no power and no ability to issue currency, borrowed money from banks to be called as sovereign bond.
Then the over smart manner happened, the governments of countries that had the ability to issue currency; but still foolishly turned the issued currency into sovereign bonds. Then, they have to repay the principal and pay the interest. With such accumulation, their tax revenue was not enough to pay the interest.
To make matters worse, the government has been constantly reducing or exempting taxes for enterprises in order to attract and promote manufacturing, further reduces tax revenue to suffocate economy. All countries in the world were ruined by such a smart plays. The beacon of democracy is in such a death throes.
1.2...Capitalism: A few individuals take wealth; the government is poor
Historically China suppresses greed of nobles and the plunder of capital
After a long primitive society, in about BC 2070, the nation Xia emerged in China. In about BC 1600, Xia Dynasty was destroyed & replaced by Shang. In about BC 1046, Shang Dynasty was destroyed & replaced by Zhou.
Since the throne could only be passed to one son, the monarch of Zhou had to give certain area of land as fiefs to other sons; which formed vassal states, and then the sons gave certain area of own land as fiefs to their own sons, in this way, from generation to generation, formed more than 100 large and small vassal states and their dependencies.
In BC 771, the Royal Family of Zhou was out of control. The selfish of human animal nature began to exert freely. The wars of plundering and occupying were one after another in between vassal states and their dependencies, which last about 500 years, known as the periods of the Spring and Autumn (771 - 476 BC) & Warring States (475 – 221 BC) of China.
The state of Qin was a weak vassal state located in today’s Shanxi province China. Qin Mugong (659–621 BC), who was the King of weak Vassal State Qin, who recognized that people are in different quality, some are smart and some are not, so that he initiated the practice of guest minister invited from other Vassal States with group of capable people as consultants. Since then China formed trend of choosing learned people as officials to govern.
From that time on, it became a trend in China to select scholars to govern the country, which made weak state Qin developed stronger and finally united China in 221BC. Later Han dynasty (202BC-220AD) held first imperial examination and later developed as annually to select officials from all over the country.
Shang Yang (390 – 338 BC) was from State Way came to State Qin and considered to be the greatest preventative of Chinese Legalism, who promoted standard legal terms and made equality before the law. He considers the loyalty to the state above that of the family.
Shang Yang introduced land reforms, privatized land, and rewards farmers who exceeded harvest quotas. He encouraged migration of peasants from other states into Qin by providing them with farmland and life supports; this policy simultaneously increased the manpower of Qin and weakened the manpower of Qin's rivals.
Shang Yang made many reforms in effective social governance and helped Qin built the military power to reunify China latter.
He introduced material rewards into law by making twenty military ranks and rewards system, based upon battlefield achievements with rewards of lands and other life necessaries. More achievements more rewards; which made Qin citizens willing to join the army and made all efforts to get more achievements in battlefield for getting more rewards.
Especially, in this way, the hereditary privileges of the nobilities were restricted, preventing them from unearned gains.
Throughout Chinese history, arable land was distributed to farmers several times, but it soon became concentrated in the hands of a few people, who became increasingly rich, while the majority of people became tenants and became increasingly poor.
During the Han Dynasty (202BC-220AD), the rich had thousands of servants, while the county officials had only a few soldiers; when the servants of the rich committed murder, the county officials were unable to punish them. Emperor Wu of Han drove the rich together in one pales and put them under centralized supervision.
Capital pooling companies appeared in China's Tang Dynasty (618-907AD); since then all the evils in today's capital market have been playing in China, because successive governments of China rationally restrained the greed of capital, no disasters were caused. For example, the Qing Dynasty's "Xuanzong Shengxun·Qing Daoguang Emperor's Edict" stated: unscrupulous merchants opened Taihe stores, invited groups to form gangs, and bought and sold short.
Today, Chinatowns all over the world were established since the Tang Dynasty.
Since the Industrial Revolution in Britain, capital-pooling companies have emerged, and they have rampant harmed the world, creating wars and economic disasters.
Then European began to think about how to repair social diseases, in the United States, as early as 1865, President Abraham Lincoln who worried about the expansion of company rights, he said at the time of the end of his life: the company has been over hailed, and the corruption in high-level will come. The money powered group will try to extend its rule by influencing the people's prejudice until the wealth is accumulated a certain extent in the hands of some people, they will lead to the demise of the United States of America.
The prediction of the most great President Abraham Lincoln was right, the corruption in high-level has been actively playing their role. The money powered group has reached their purpose by influencing the people's prejudice, thereby successfully extends its ruling. However, they did not make the demise of the United States, but, has kidnapped it as Evil Fortress as a place of endlessly nurturing evil by made it as the source of the evil in the world today, which is more evil than that of the demise; such as, by over developed financial economy plundering the real economy, by rapid innovations of toxic financial instruments looting the wealth of public,......
The communist society that truly belongs to higher animals-human beings has been vilified into evil by the money powered group; in contrast, the human animal instinct - selfish greed drove Capitalism has been beautified as a savior. With the help of increasingly powerful financial instruments, capital is greedily plundering on real economy, which is in brainlessly destroying the manufacturing - the producer of life necessaries - the cornerstone on which humans depend for survival.
Jul 29, 2014 Documentary The Ascent of Money: A Financial History of The World, the Scottish–American Historian Professor Niall Ferguson indicates that, in 2006, the world total economic output was worth around $47 trillion, but financial derivatives was $473 trillion, 10 times larger. Obviously Professor indicated sadness that there ten people are living on grabbing the wealth made by one people.
In article Canada Pension Plan must develop in kind base as key body of state-owned economy, I cited the facts that it was just the greed of capital triggered two times heaviest economic crashes in 1930 & 2008. I excerpt as follow.
2013, American economist, Professor Robert Reich distills the story through the lens of widening income inequality to have presented documentary film Inequality for All. It indicates that income inequality currently at historic highs.
Over the last thirty years, before the latest recession, the U.S. economy doubled. But, these gains went to a very few: the top 1% of earners now take in more than 20% of all income—three times what they did in 1970. Inequality is even more extreme at the very top. The 400 richest Americans now own more wealth than the bottom 150 million combined. While this level of inequality poses a serious risk to all Americans.
In 1997 – 2007, in the United States, the finance was fastest development part of the American economy. Following is the video screen-shots from the film of Inequality for All.
The two times economic crashes well match the peak point of income inequality at in 1928 and 2007. From the peaks of relative financial wages, we can easily speculate the huge volume of financial economy or paper economy that is buying and selling on the financial markets to make money by money, or to make capital by capital.
Due to that the activities of financial economy are speculating with currencies, stocks, sovereign bonds, futures trading, buying and selling short and the materials for manufacturing, which have been playing the role of plunders real economy and is plundering the material wealth of industrious people who are hard-working created.
March 12, 2023, I once wrote article Canadian PM Chrystia Freeland tells that why China touch-ups Alibaba, the topic was inspired by book Plutocrats: the rise of the New Global Super-Rich and the Fall of Everyone Else 2012, the writer was current Canadian deputy Prime Minister and Minister of Finance Chrystia Freeland; who revealed the reason that why the higher animals live in the Law of Jungle of the lower animals way:
The cause is that the Plutocrats hijack State Apparatus; so that they are able to exercise immense and unchecked power for greedy in evilly messing human world to make the Fall of Everyone Else.
Wealth, corruption, and populism are no longer constrained by national borders, this new Gilded Age is already transforming the economics of the West as well, the entire globalized world is concentrated in fewer and fewer hands.
As a transglobal class of successful professionals, today’s self-made oligarchs often feel they have more in common with one another than with their countrymen back home. Bringing together the economics and psychology of these new super-rich, Plutocrats puts us inside a league very much of its own, with its own rules.
The 2008 financial meltdown cost $4 trillion in economic output, fortunes were made by the very people who precipitated the disaster while millions lost their homes and their savings.
The New Global Super-Rich Plutocrats made the Fall of Everyone Else, a joblessness, debt, and economic uncertainty to the sovereign nation of the plutocrats, where each crisis seems to offer a new business opportunity.
In China, "by controlling both the economic and political institutions of their nation, the richest members of China’s National People’s Congress have amassed more wealth than every branch of American government combined--the president, his cabinet, the justices of the Supreme Court, and both houses of Congress."
Note: Chrystia Freeland was born in Alberta Canada, a Rhodes Scholar winner, studied Russian history and Slavonic Studies at Harvard University and Oxford University. Once worked as a journalist in Ukraine and editor at Financial Times, The Globe and Mail and Reuters.
In 2019, Chrystia Freeland said Liberal democracies are being "hijacked by angry populist politicians, “the doubts creeping in inside liberal democracy… liberal democracies that are becoming totally polarized societies, divided into these hostile – even warring – tribes who can’t talk to each other, and societies that have been hijacked by angry populist politicians;” ” where “the details may be unique but the basic storyline is the same.”
Chrystia Freeland is a rebellion of democratic capitalism.
However what Chrystia Freeland indicated was not the reason that China touch-ups Alibaba; but other significant reason - that relates to the arm of the government regulating economy - Financial Instruments.
Some of private enterprises are excessive use of financial instruments for profit; which will weaken the ability of the government in controling the functioning of the economy through financial instruments.
Dump money to garbage bin, by human survival values entrepreneurs
European lootings and killings based Western Civilization soiled individualistic values, values everything by amount of money; Forbes releases the rich list every year, they all ignore the true value of things. The true values must be benefit for human survival and the true value must be able to contribute the humanized development of human civilization.
Viewing in this way; we can see the revolutionized achievement of Alibaba for the improvement of human life by online shopping. Though online shopping was initiated by IBM in the 1960s, but it went to popular should thank the efforts of Alibaba.
In Canada, I asked a man who uses a private car to deliver package of online shopping: Can private car delivery recover the cost of gas spending? He said, I get two dollars from per delivered package and there are hundreds of package deliveries in this small area without waste of too much gas.
This should attribute to Ant Group or Ant Financial of Alibaba.
According to wikipedia that was last edited on 22 June 2023, Ant Group, formerly known as Ant Financial, is an affiliate company of the Alibaba Group, as world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume reaching ¥118 trillion RMB in June 2020.
The cause of the government of China touch ups Alibaba from 2020 Ant Group was set to raise US$34.5 billion in the world's largest IPO. In this regards, involved complex reasons beyond simple IPO; I don't like to make more comment; people may search by oneself. It is better in Mandarin.
Here, I only want to indicate that Financial Instrument is the basic arms of Gov promoting and regulating economy; which involved the fate of a country and the lifeblood of people.
Since 1919, British economist Keynes put forward macroeconomic ideas successively, 1926 published the End of laissez-faire, and 1936 published The General Theory of Employment, Interest and Money, all countries have regarded controlling currency issuance, adjusting inflation rate in 2%, and actively investing to stimulate economic development as a means of regulating the national economy.
Now, Alibaba promoted buying and selling online has revolutionized the way of people live by largely convenient to life, which enlightened us to deep into the consideration that how to promote the advancement of human life or human civilization developing towards humanized way. Even if we can never get rid of the reality that everything has to be driven by Money and Greed.
For example, Bill Gates and Melinda Gates, the founders and operators of Microsoft, people always pay attention to the wealth they have acquired, but ignored their great contribution to the progress of human civilization - the Microsoft Office system has revolutionized the efficiency of corporate management and social governance; which contribution was just huge and valuable that is worth to be viewed as humanized people and cannot be measured by any amount of money. Thanks for Bill Gates and Melinda Gates.
Government must learn the practice of Russia, Norway, Singapore, Dubai, and China, to create Fiscal Revenue by establishing state owned enterprises make profit; stop taking taxpayers as ATMs to endlessly increase taxation to make unlivable people much more unlivable.
2...The origin of state owned economy & state owned enterprise
In the 16th-19th centuries, during the early days of the British Industrial Revolution, there was an enclosure movement in Britain. A large number of farmers were unable to make a living and flocked to the cities. The labor supply exceeded the demand, resulting in a large number of work-related injuries and deaths. The farmers could not get compensation and lived a miserable life.
Viewed sad reality; in his analysis of capitalism in Das Kapital, Karl Marx described the origins of capital as "dripping from head to foot, from every pore, with blood and dirt," highlighting the violent and exploitative nature of its accumulation. In 1875 Critique of the Gotha Programme, Marx initiated communism no exploitation: "From each according to his ability, to each according to his needs".
Then Karl Marx and his friend Frederick Engels initiated the communist movement, people from most countries in the world responded positively; at that time; the western capitalist countries also carried out nationalization, which almost eliminated capitalism.
In 1998, American economic historian Daniel Yergin and financial adviser on international markets Joseph Stanislaw jointly published The Commanding Heights: The Battle between Government and the Marketplace That Is Remaking the Modern World; which attempts to trace the rise of free markets during the last century as well as the process of globalization.
The origin of phrase commanding heights to a speech by the founder and the first leader of government of Soviet Russia (later Union) Vladimir Lenin, who refers to the control of perceived key segments of a national economy.
In 1918, due to the extreme scarcity of wartime resources and the blockade of the new red regime by Western capitalist countries, Lenin promulgated and implemented the policy of War Communism, which later developed into a centralized planned economic system, which is the origin of the state-owned economy.
The failure of the public-owned economy in both of socialist countries and capitalist countries is not in the direction of the public ownership, but in the wrong way of the improper governance from wrongful ideological Dogmatism.
2014, in Management is the Art of Playing Human Nature, I indicate that: “Human behaviors determined by dual natures: The cultural nature of the acquired altruistic quality, and natural (animal) nature of the inborn selfish instinct. The Management is to finish purposeful tasks with culture nature driven by meeting animal nature with payment under enforcement of regulation. Therefore, the Management is the Art of playing human natures.”
“The failure of the Socialist-Bloc is due to it over relied on cultural nature by suppressing animal nature, while the failure of the Capitalist-Bloc is due to it over relied on animal nature; China is good at the best use of both.”
The failure of the Socialist-Bloc lies in its over-emphasis on collectivism and suppress the selfish behaviors of people to have suppressed people's enthusiasm for production and killed economy, while the failure of Capitalist-Bloc lies in its individualistic values to over-emphasis on capitalism and suppress the collective behavior of people to have made society no one care about but harm social collective interest; which all badly impact the health development of economy.
In the Socialist-Bloc during the Stalin era once happened political persecution, which intended to eradicate the ideology and behavior of capitalist exploitation to ensure everyone in selfless collectivism for collective interest.
Also, the US launched McCarthy witch hunt to eradicate the ideology and behavior of selfless collectivism of communist to ensure everyone in selfish harming the collective interest of society; even developed Neoliberalism to cut off Gov-regulations for weld plundering on real economy to make its profit margin too narrow to operate to kill economy.
The success of China lies in the continuation of the rational practice of history; which is that rational people and thoughts can always play a leading role and correct the course of history at the critical juncture.
In the west, it also has a lot of rational people and outstanding thoughts; but they can never play a role. The role of their outstanding thoughts is just for people to chew, stomach bloat, burp, fart, and moan without ill.
This was the reason that the west ruined the life of their own people and world people; and has been pushing human civilization towards the vast graveyard of the suicided civilizations in the Milky Way Galaxy.
Canada must authorize a nonpartisan Super Leadership of professional experts to govern Canada Pension Plan based state-owned economy with the managing-way of those successful world class companies, by which to avoid the harm of populist-coerced democracy.
However, it was not that all public-owned economy failed.
3... State owned economy profits to government and people
3.1... Russia's State owned Economy and Social Welfare
1928-1932, Soviet Russia established heavy industry; and original small peasant economy was transformed into a large socialist collective economy. Many Western technical experts were attracted to the Soviet Union to make a living. In 1938, facing the threat of Hitler's Germany, Soviet Union focused on strengthening defense capabilities, established industrial zones in the eastern region, and developed enterprises.
1924, Stalin took over the leadership. With the planned economy as a guarantee, he led the country to carry out large-scale industrialization and became the country with the highest industrial production value in Europe. In WWII, it won the victory and became “superpower" with the United States.
In the Cold War, the Soviet Union was not at a disadvantage in the struggle with the Western camp led by the US. Its nuclear industry and aerospace industry surpassed the West.
Until this day, there is no one able to deny the fact that the infrastructure, agriculture and manufacturing industrial base of the 15 former Soviet republics, especially in Ukraine, the nuclear industry, aircraft manufacturing, and heavy industry all come from the Soviet-led socialist period.
The fact has proved that the socialist state-owned economy system has greater potential for the better economic development than the Western capitalist private owned economy system.
During Yeltsin's liberal economic reform, the wealth created by the Russians during more than 70 years of socialism has been looted by capital and made hard-working Russians fall into the extremely miserable living conditions. The privatization has destroyed economy of Russia; and made the industrial output fell by 70% and agriculture by 50%, GDP fell by half. From 2000 to 2008, Putin defeated oligarchs to establish state-owned companies to control strategic industries by identified about 1,063 large and medium-sized enterprises as state-owned strategic enterprises, and the share of state-owned economy rose to 67%.
Due to state control major economy with enough incomes to support communist style welfare; Russian people share the same welfare benefits, same pension. Free medical care, free education, and free property management. Hospital food and accommodation are free, regardless of the nationality of patients. Hospitals also function as nursing homes. Russia has a lot of welfare subsidies, about 20,000 rubles per person, free housing, transportation, etc. It accounts for more than 68% of the government's budget.
A Chinese boy married a Russian doctor. Once when they were riding a train in Russia, his wife's cell phone signal alerted her that she was responsible for treating any passengers who were sick.
Residents enjoy per capita free housing for 18 square meters, with running water and hot water. There is no charge for heating and the price of natural gas and electricity is very low nearly free. Russians have no worries for saving for tuition, for old age, without worry about unable to afford medical treatment.
It is easy to imagine that if Putin didn’t defeat the oligarchs to have established state-owned companies to control the major strategic industries; tody the life of Russian people would be still stayed in miserable living conditions.
All those are difficult to achieve in the democracies in West that pride themselves on the private owned economy; the profit of the private owned enterprises are going to private pocket, governments rely on taxation to survive.
In west provoked Russian-Ukrainian war, the Western capitalist countries have contributed all money with key military personnel, which was actually the WWIII. Now it has clear that Putin has won the Ukrainian war; which was actually the state owned economy won private owned economy of the west.
In today's Western democratic jokey countries, manufacturing is being destroyed by wrongful governance, the wild plunder of private owned companies made life spending increasingly soaring up, more and more people are working hard but still cannot make ends meet, while advocated values and human rights protect criminals destroying people's lives, and lived without human rights, no dignity as human.
The increasingly chaotic unlivable of the democracies in west has proved the failure of its governance of capitalism democracy; due to private individuals control economy in occupy most of resources for personal gains. A very small number of private individuals control most of the wealth and live a luxurious life; while the government only enjoys a small amount of tax revenue and has to borrow money survival.
The only way out is to return socialism state-owned economy.
3.2...Norway's Pension Fund owned Oil Makes Every Norwegian a Millionaire
In nordic country Norway, the Statoil is state owned in playing the role of main pillar of revenue of the Government of Norway. The institutional support avoided corruption; it runs in integrity and transparency.
Statoil is a Norwegian multinational oil and gas company headquartered in Stavanger, Norway, with about 23,000 employees. As of 2013, the Government of Norway is the largest shareholder in Statoil with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy.
Statoil is a fully integrated petroleum company with operations in thirty-six countries, including Canada. By revenue, Statoil is ranked by Forbes Magazine (2013) as the world's eleventh largest oil and Gas Company, and by profit in the world regardless of industry, it is twenty-sixth largest company.
An article in Mandarin said that: Norwegian is aware that the Norwegian oil and gas belongs to the state, everyone has a share. Each year, Statoil announces operation details with gained profit, Norwegian can calculate out own share from the profit.
Norwegian is clear that is government in operating on behalf of them.
Statoil is Norway's largest taxpayers by making profits supporting Fiscal Revenue.
One thing that must be specifically mention, which was in 1990, the government of Norway established Government Pension Fund Global to save income from oil for future generations. The Ministry of Finance made the first capital transfer to the Fund in 1996. Since then, the government’s net cash flow from petroleum activities has been transferred to the Fund each year.
On the website of Norway’s Government Pension Fund Global said that “one day the oil will run out, but the return on the fund will continue to benefit the Norwegian population.” “Oil revenues make it possible for Norway to maintain its welfare system despite the number of pensioners in relation to workers has increased more than estimated.”
Now, the far-sighted rational decision has borne sweet fruit for the people of Norway.
Jan 15, 2014, OilPrice.com - Norway's Oil Fund Makes Every Norwegian a Kroner Millionaire in oil saving landmark.
Jan 11, 2014, Australian Broadcasting Corporation ABC News posted article Why Norwegians Are Millionaires and Americans Are Paupers: “The sovereign fund, which the country uses for investments that benefit their economy and people, reached 5.1 trillion crowns, or about $818 billion, due in large part to the rising price of oil, according to a report out this week. That surge in the fund, called the Government Pension Fund Global, theoretically makes each of Norway's 5,096,300 people a millionaire in crowns.”
“Translated into dollars the fund's crowns (spelled "krone" in Norway) per capita is about $161,660, said Michael Maduell, president of the Sovereign Wealth Fund Institute. And, despite all that money in the wealth fund, Norway still has a national debt of 759 billion crowns or about 25 percent of gross domestic product. By comparison, the US debt of $17.3 trillion is 102 percent of GDP. In case you're wondering, that's $54,733 owed by each American. But it gets far worse if you add in all the unfunded liabilities of the government: Then it's $1.1 million owed per American, according to USDebtclock.org.”
“But Norwegians aren't going to retire on that sovereign fund's money for several reasons. Norway's Government Pension Fund Global was created to be an intergenerational savings vehicle to secure income from a fossil fuel resource and to prevent "Dutch Disease," or the economic phenomenon when an increase in natural resources leads to a decline in other sectors like manufacturing or agriculture, explains Maduell.”
“The sovereign wealth fund is integrated into Norway's fiscal budget: 4 percent of the fund's assets can be spent each year by the government. Unlike the Alaska Permanent Fund, no dividends are paid out each year to its citizens.” "The rest of the money accumulates in the sovereign wealth fund, which is why it is so large today.".
The rational practice of Norwegian also caused a reflection of Canada's social elite.
In Aug. 23, 2014, Dr. John C.K. Daly,the chief analyst for Oilprice.com who published article on the Toronto Star - Norway has a nest egg. Should we? Is Norway's nest egg a lesson for Canada?
Norwegian government’s high take of oil company taxes and worldwide investments will pay dividends for citizens. In Canada the story is very different.
In Nov. 01, 2014, Daniel Tencer, the Business editor of The Huffington Post Canada, who wrote article - Norway's Oil Fund Heads For $1 Trillion; So Where Is Alberta's Pot Of Gold?
Jun 11 2019, John Clark AACI, Vice President, The Regional Group of Companies Inc., who wrote article Yes, I'm ranting about Norway's sovereign wealth fund again: “It must be tough, trying to figure out what to do with US$1 trillion in a responsible and forward-thinking fashion. We in Canada, of course, do not have this problem. Unlike a certain other Arctic nation, Canada failed long ago to take advantage of our wealth of natural resources and energy reserves to build a nest egg all Canadians could enjoy today.”
“That honour goes to Norway. A country that’s a fraction the size of Canada by almost any measure – in size, in population, in Tim Hortons outlets.”
“Way back in April 2014, I wrote about how Compared to Norway, Canada is frittering away its wealth.”
“As I recounted in that article, the story goes that it all began in the late ’60s with an Iraqi geologist who brought his family to Norway in search of the best cerebral palsy treatment for his son. The geologist’s work led to the discovery of oil reserves that are expected to last until 2050.”
Now, we may understand that why the Human Development Index in Norway has been on top of world consecutively for many years.
In comparison with the smart way of the government of Norway, the oil resource rich Canada has been going on a disappointed way.
The huge profits of oil resources have been out-flowing into the wallets of foreign investors, but, as original owner, Canadians are enjoying from environmental pollution, and oil prices dragged economy.
With the rich natural resources, the Governments of Canada in all levels are all lack of financial resources for construction of social infrastructure and public services, especially for health care, the long waits for treatment are becoming a life threat.
It is the sadness of wrongful social governance.
Now, in order to avoid the replay of the sadness in oil resource, that CPP must take over all available farmland to develop as high-quality foods supplier from farming to processing to ensure the steady growth of our pension funds forever, as well to create revenue for government.
The profit from oil resource is limited, from farmland is unlimited.
It is not only the tax revenue but the profit must be used for all Canadians.
Canada must authorize a non-partisan Super Leadership with the right for independently developing management policies geographically and economically to govern Canada Pension Plan - CPP based public economic entities to make CPP in kind base with self-hematopoietic function, with the managing-way of those successful world class companies, which is to motivate human acquired culture qualities by meeting human inborn animal instincts, by which to avoid the harm of populist-kidnapped democracy.
The non-partisan Super Leadership is to turn the responsibilities of enterprise management from individual entrepreneurs into as the responsibility of the government with the power of the State Apparatus to manage the wealth of all Canadians.
Facing with increasingly difficult economic situation, please forget that how noble you are as a government official, please abandon self-proclaimed unrealistic values, and please only remember that you are a Mom or Dad, a Grandma or Grandpa with a rational mind to create a better life for our beloved children.
The federal government must act to improve competitiveness by entirely reversing poor productivity with the power of State Apparatus to strengthen enterprise management.
Greedy speculators pushing up the prices of house and land will not only ruin the normal life of Canadians, but also will completely destroy the survival basis of the real economy.
Canada's economy cannot be built on speculation, but rather, it must be based on material wealth creation.
Canada must build into a fairyland of material wealth creators, rather than a paradise of greedy unearned speculators.
There is no any reason for any person to let the wealth of farmland as gambling chip to be free speculated and to give up as public owned.
In this regard, some policymakers must have a sober mind to avoid playing as a historical sinner.
3.3...Singapore's State owned Economy and Social Welfare
Besides Russia, the convincing example for the significance of the state owned economy is Singapore; it is a well known democracy in the iron fist state dictatorship, and it is relied on the incomes from the state owned enterprises rather than the poor tax revenue.
Singapore has low tax-rates; then what the Government run is relied on. In Singapore; various national state-owned enterprises play a substantial role in economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, Singtel, ST Engineering and Mediacorp.
Singapore's welfare system is basically in the form of personal savings and government subsidies, people are easy getting house, healthcare, education and much more.
3.4...Dubai city's State owned Economy and Social Welfare
Another convincing example for state-owned economy is Dubai City; the United Arab Emirates. It is known for luxury shopping, ultramodern architecture and a lively nightlife scene. However, the tax rate is very low, so where does the money for these super luxury buildings come from?
It comes from the profit of the state-owned enterprises. In Dubai, the enterprises are state-owned, so that government does not make money through taxes, but try to help state-owned enterprises make more profits.
The economic miracle of Dubai proved that the failure of the state-owned economy is not in the direction, but in the improper management.
In Dubai, the workers who work at the state-owned enterprises are mainly from immigrants, the locals work as supervisors, the immigrants’ workers work diligently under the threat enforcement of deportation.
Also it is a little-known the fact that Dubai is a tax haven that is far surpassing Sweden, the most a well-known tax haven. Dubai welcomes the inflow of all money and never asks about the source.
Actually that income from state-owned enterprises and tax haven are only a little part of total incomes, there are much smart way make money. Attract wealthy people and foreign investment to register, attract tourism, etc., a lot. Money is a good thing; and Dubai welcomes with open arms.
In Dubai, all the income generated by all of these commercial activities goes into the national treasury. In other countries, the government gets a little bit by business tax from the commercial activities.
In addition, only in Dubai, the coercion of religion on believers’ behaviors has played a positive role in social governance, to have created great social stability and fewer crimes.
Only when the government is rational without ideological plays; all unfavorable factors become favorable ones, with the world's most unfavorable natural resource environment; it actually developed into an economic pearl on world with a stable society and luxurious affluent lives for people.
I did not find the social welfare system in Dubai, but I must implement the social welfare system of United Arab Emirates.
Housing: a villa for first-time married couples, a marriage subsidy of 500,000 dirhams, a 100-square-meter house for newborns (can be stacked), etc.
Medical care and education, public hospitals are free. If a serious illness requires treatment abroad, it can also be fully reimbursed, including accommodation for accompanying family members, etc.; all education expenses for citizens are exempted, and students studying abroad are given a subsidy of 2,000-3,000 dirhams per month on the basis of full reimbursement.
The citizen of United Arab Emirates pays 26% of their wages as pension insurance, of which the insured bears 11% and the employer bears 15%.
Here, I would like to indicate that the rational practice of Dubai is what I said that Canada Pension Plan must be developed as state own in kind based; which is to develop CPP as printer for money by developing practical corporations rather than making profit by capital or paper in financial markets.
3.5...China, the State owned Economy and Social Welfare
Here I mainly want to make people understand that why the countries of the former Socialist-Bloc took capitalism democracy of private owned economy, but China insisted on CPC centralized socialist state owned economy.
On Oct 30, 2023, I once wrote an Mandarin article "Wang Huning's Fear and Effort: The Battle for the Soul of China", inspired by the article "The Triumph and Terror of Wang Huning" of American N.S. Lyons, who wrote The Upheaval: Exploring the upheavals of the times, technological and cultural changes, the ideological revolution that engulfed the West, the rise of China, and the crisis of liberalism. He indicates that:
In 1988,as award for youngest full professor at Fudan University; 33-year-old Wang Huning, who got scholarship to visit US for 6 months and concluded: Allowing corporations take over government functions, made excessive commercialization and rampant liberalism; which corrupted social value system to have failed social system; and have led the end of the governance model of the capitalism democracy of the democracies.
After returning to China, he went from holding out hope to resist against the invasion of the Western liberalism, and insisted on the Communist Party centralized in mainly state-owned market economy; and insisted to build a society that is in common prosperity by Government aiding the poverty alleviation.
In 1993, Wang Huning led the university debate team to win the Singapore International Competition; with the argument that "human nature is evil, and although Western modern civilization can bring material prosperity, but it cannot humanize human nature" and then he was appointed by top leader Jiang Zemin as the director of the secret agency Central Policy Research Office. At his 40, Wang entered the top power in China.
N.S. Lyons indicated that Wang Huning is a member of the seven-member Politburo Standing Committee of the Communist Party of China and the highest ideological theorist. He is an adviser (imperial tutor) to three generations of leaders, and a "thinker" of the "Chinese Dream", the anti-corruption campaign, the Belt and Road Initiative, and even Xi Jinping Thought. Wang Huning is a prolific writer with nearly 20 books and a large number of papers.
N.S. Lyons who said that there is continuity between the ideas from these works and the realties is happening today China; which shows that Beijing is looking at the world through the eyes of Wang Huning.
Here I have to note that in 37 years ago 1988, the Berlin Wall was about to fall, and China was as same as the member country of the socialist bloc struggling for survival no hope can be seen, while the US as the leader of the capitalist bloc was in its heyday and with full of complacency ready to take over the world by its own culture system and political system. It was just at this moment; Professor Wang Huning who predicated the doom of the US today.
Two years after Wang Huning concluded that the US finished, the Berlin Wall was torn down in 1990; and 1992, Japanese American Francis Fukuyama, a Ph.D. in political science from Harvard University, excitedly wrote that The end of history and the last man, asserting that was “the end of history as such: that is, the end point of mankind's ideological evolution and the universalization of Western liberal democracy as the final form of human government,”
However, after 22 years of torturing from the malicious opositions between the beasts of Donkey & Elephant, and paralyzed the “final form of human government”. On Oct 10, 2014, the same Fukuyama published America in Decay, the Sources of Political Dysfunction, saying that the US has doomed and only had a death way to go.
The US has been living on the global plunder by armed violence and dollar; now it is as same as the democracies in the west, by valueless values & human rights corrupted labor productivity and killed ability for makes livings in humanized way after the left of the quality generation, who humanized by the difficult life of the world war II.
Mar 30 2021, the professor at the Autonomous University of Barcelona Greece who published Plunder in the Post-Colonial Era: Quantifying Drain from the Global South Through Unequal Exchange, 1960–2018 and indicates that during 1960–2018,he global North drain from the Global South totalled $62 trillion (constant 2011 dollars), or $152 trillion when accounting for lost growth. Appropriation through unequal exchange represents up to 7% of Northern GDP and 9% of Southern GDP. That drain from the South remains a significant feature of the world economy in the post-colonial era; rich countries continue to rely on imperial forms of appropriation to sustain their high levels of income and consumption.
It said that African countries received $162bn in 2015, mainly in loans, aid and personal remittances. But in the same year, $203bn was taken from the continent, either directly through multinationals repatriating profits and illegally moving money into tax havens, or by costs imposed by the rest of the world through climate change adaptation and mitigation. This led to an annual financial deficit of $41.3bn from the 47 African countries where many people remain trapped in poverty.
Professor Jason Hickel indicated sad reality that the rich democracies in the west have been living on imperial forms of appropriation from the undeveloped countries to sustain their high levels of income and rich lives.
Now, the world countries; especially the global south have stood up in Collective Action to refuse to be enslaved plunder; and the plunder of the rich democracies have lost means for plunder and self suicidal killed ability for making life necessaries; now they are in irreversibly decline to ancestral poverty and kill each other for a living in home.
In contrast, now China achieved earth-shaking improvements in the life of people, but the payers of democracy of South Korea, Japan and Taiwan are in endlessly chaos; which show that democracy kills any player.
April 2023, the President of European Commission Ms. von der Leyen made speech to have indicated that: “for centuries China have helped to shape world civilization; and in the last decades, they have really transformed the economy of their country, lifting more than 800 million people out of poverty in the last 45 years and transformed into a modern-day economic powerhouse, key global player and a leader in many of the cutting-edge technologies that will certainly shape the next decades of global civilization and progress.”
Please remember that the achievements of China were achieved based on the destroyed ruins with huge war reparations from a century long kill loot of Western allies and the US tamed Japan; which started since 1840 British armed selling opium after China banned opium trade that started in 1773.
The outstanding achievement of China should be attributed to Professor Wang Huning, who adhered in CPC centralized to strives to build common prosperity and avoided the kill as the liberalism killed the west.
From what I indicated above, people will be convinced that why three generations of the top leaders of China trusted Professor Wang Huning and if we directly discuss with Professor Wang; the suggestions can enter the specific implementation immediately without the time wasting from the formal traditional political procedures.
In China, the pensions plan and medical insurance are a combination of corporate, personal and government subsidies.
3.6... Capitalism democratic play has ensured destroying the economy
Now, please think about the result that will be an unlivable place, if Dubai is governed like the plunder rich-ed democracies in the West, where takes proud of playing with the over humanized smart social system.
The politics in the democracies of the west, exactly say it is capitalism democracy; which is that it takes proud of individualistic values & human rights; takes proud of multiparty mutually ideological attacking paralyzes the government; and takes proud of the enterprises in private owned for individual gains.
That is not enough, the individualistic values and human rights acting as tools for political correctness coerces government legally advocating union culture, regarding strikes for more by doing less, unearned gains is in line with social justice & human rights. Otherwise, it is slave labor, violating social justice & human rights, by which corrupted the quality of workers and labor productivity, made manufacturing companies go bankrupt, and losing the ability to produce life necessaries. Now, without Made in China, people all over the world cannot live well.
Terribly, there is a smarter childish way by playing sovereign bond ensured destroys the economy.
During the Hundred Years' War between England and France, Edward III of England, who had no power and no ability to issue currency, borrowed money from bankers, which was called sovereign bonds.
Then the over smart manner happened, the governments of countries that had the ability to issue currency still foolishly turned the issued currency into sovereign bonds. Then, they have to repay the principal and pay the interest. With such accumulation, the tax revenue was not enough to pay the interest.
To make matters worse, the government has been constantly reducing or exempting taxes for enterprises in order to attract manufacturing, further reducing tax revenue, which suffocated the economy. All countries in the world were ruined by such a smart plays. The beacon of democracy is in such a death throes.
Dec. 29, 2024,in article The creation for humans live a life as human, I indicate that the quality of human is too complex to govern. Computer program AlphaGo beats human Go player revealed that human intelligence acts as robot; the acquired knowledge acts as software driver; killing software kills people, and service software serves people. Without related knowledge in brain, people cannot reason related issue. The brain defect & ideology brainwash led too many people inhuman quality.
This is the reason that some people addicted wrong as right and promote inhuman for human in confidently believe doing right business. Human society is composed of people; the governance is also in people govern people. So that when considers social governance; we must consider the quality of people.
2014, in Management is the Art of Playing Human Nature, I indicate that: “Human behaviors determined by dual natures: The cultural nature of the acquired altruistic quality, and natural (animal) nature of the inborn selfish instinct. The Management is to finish purposeful tasks with culture nature driven by meeting animal nature with payment under enforcement of regulation. Therefore, the Management is the Art of playing human natures.”
“The failure of the Socialist-Bloc is due to it over relied on cultural nature by suppressing animal nature, while the failure of the Capitalist-Bloc is due to it over relied on animal nature; China is good at the best use of both.”
The success of China lies in the continuation of the rational practice of history; which is that rational people and thoughts can always play a leading role and correct the course of history at the critical juncture.
In the west, it also has a lot of rational people and outstanding thoughts; but they can never play a role. The role of their outstanding thoughts is just for people to chew, stomach bloat, burp, fart, and moan without ill.
This was the reason that the west ruined the life of their own people and world people; and has been pushing human civilization towards the vast graveyard of the suicided civilizations in the Milky Way Galaxy.
Canada must authorize a nonpartisan Super Leadership of professional experts to govern Canada Pension Plan based state-owned economy with the managing-way of those successful world class companies, by which to avoid the harm of populist-coerced democracy.