Chapter 89 89. Social problems reflected in the decline of the Li family

Author: Yuyu Kuaidong

Chapter 89 89. Social problems reflected in the decline of the Li family

The location is by the window, and right outside the window is the skating rink.

Du Xiuxian was ordering food, and Nance was looking out the window as the adjutant lady spun and jumped gracefully on the ice.

From time to time, skaters would catch up with her and want to talk to her, but she would pay no attention to them. She would only occasionally return to Sister Lena and gently pull her mother to skate with her, and in the process she even tried to get rid of her.

The scarf around mom's neck.

Fortunately, Lena's mother is not hopelessly stupid and is determined not to expose the secret on her neck.

"What would you like to drink? Would you like some wine?" Du Xiuxian raised his head and asked.

Nance nodded: "Okay."

"Is there any fresh seafood?" Du Xiuxian asked the waiter.

The waiter replied: "There are fresh oysters and flounder."

“Are oysters good?

"It's a high-end product made from purified Marne River water."

"Then, let's have some oysters too." Du Xiuxian pointed at the menu, "Then halibut with thick soy sauce, roast beef; fresh vegetable soup salad, you can help us choose some desserts, and the fruits must be freshly cut, not canned...

…”

"Okay, sir."

"Go ahead." Du Xiuxian handed the menu to the waiter, "Bring our wine and oysters together first."

"Please wait."

The waiter ran to the kitchen with his tailcoat fluttering, and returned in less than five minutes with a dining cart, which contained a large pile of shucked oysters and a bottle of reddish-brown wine.

He respectfully removed the cork from the wine bottle and poured it into the guest's glass.

"Director Adel, you're welcome, let's start eating. The oysters from the Marne River can be called the queen of oysters." Du Xiuxian rubbed the napkin, stuffed the corner of it into his vest, and then used a silver fork to remove the oysters from the

Peel it out of the shell and swallow it whole.

The Marne is a tributary of the Seine.

Hundreds of years ago, it was also the origin of the famous Ginado oysters.

Nance followed his lead and ate one.

The oysters are really fresh, as if they were just fished from the seabed, with the smell of the sea that they depend on for survival.

The waiter poured the wine into the exquisite wine glass, glanced at the two guests respectively, showed an obviously business-like smile, straightened his white tie, and said: "I will help the guests to order other dishes."

After the attendant left, Du Xiuxian picked up the wine glass and drank a drink with Nance.

Putting down the wine glass, he shucked the oysters from the shell with a fork and said, "Originally, I didn't plan to see you so soon, but last night I was really surprised that the eldest lady of the Sasse family would actually meet you.

You go to the dance together."

"How big is the impact?" Nance wiped the oyster juice from his mouth with a napkin.

"A lot of people have a headache, including the royal family." As he spoke, Du Xiuxian poked his head with his fingertips, "I don't know whether to praise you for being charming or scold you for being reckless."

Nance turned his gaze out of the window and looked at the pair of blond beauties on the skating rink.

"Do you have any problem with this?" he asked.

"Oh, don't get me wrong, I have no objection." Du Xiuxian laughed cheerfully. After seeing Nance turn his eyes back, he said softly: "I came to New Yokohama and I have three things to do, one of which is related to your first

The ninth lesson has something to do with it and I need your help."

"Please say."

Nance smiled slightly.

"Before I say this, I want to show you some information first." Du Xiuxian picked up a tablet-like screen from the chair next to him and handed it over from across the table. "After reading it, maybe you will know what I want to say."

Things can be viewed from multiple perspectives.”

Nance took the screen and looked at it.

This is a comprehensive research report on California's Gross National Product in the New Era 268.

Data listed in the report show that last year California's gross national product was 368.1 billion pounds, and its per capita GDP was just 10,000 pounds. Both in total and per capita, it topped any provincial economy in the world, even if it were counted as a country.

It has squeezed into the fifth position in the world. The total GDP is 368.1 billion pounds, of which the tertiary industry accounts for 85%, the secondary industry 11%, and the primary industry only 4%.

The data is very beautiful!

However, the core of the report points to the issue of California's dying secondary industry. It bluntly states that the manufacturing output is sluggish and cannot provide enough jobs, resulting in Californians having low incomes and generally unable to obtain stable job opportunities. In addition to employment issues, the report

He also criticized social contradictions such as the exaggerated gap between rich and poor, unaffordable housing prices, and the difficulty for young people in obtaining opportunities for upward mobility.

At the end of the report, the gun was directly pointed at California's highly developed financial industry.

In a sharp paragraph, he criticized this vampire industry that "accounts for 40% of the gross national product but only creates 12% of jobs" and bluntly stated that California's future will be destroyed in the hands of the financial industry.

The more Nance looked at it, the more familiar it became.

High housing prices, the gap between the rich and the poor, and few avenues for advancement are social problems that will be difficult to solve after hundreds of years...

While he was reading the report, the food was served, and Du Xiuxian said to him slowly while eating: "More than a hundred years ago, California was a truly prosperous place, and half of the workers in California at that time were workers.

But now, finance, shipping, trade logistics, service industry, etc. are the main industries, and only one worker can be found for every ten people. The financial industry makes the most money, and everyone wants to squeeze in and get a piece of the pie..."

Nance put down the screen and took a sip of wine.

"The development of science and technology and economy has failed to bring sustained real prosperity to California, but has made people's living standards lower and lower." Du Xiuxian sighed slightly and continued: "The financial industry has an amazing ability to create wealth, but only a few

The elites have enjoyed wealth. Ordinary people are either engaged in low-end service industries, running boats and mooring away, or are unemployed..."

"Why is the physical manufacturing industry running out of money?" Nance asked.

"Oh, it's very complicated..." Du Xiuxian smiled and looked at him, "Do you know the paradox of capital accumulation?"

"The growth of capital mainly increases the rate of labor exploitation by suppressing the overall growth of wages related to productivity. Exploitation for the growth of capital will eventually restrict the expansion of capital itself. This is the 'accumulation paradox'."

"You really understand, aren't you a Fa student?"

"...I saw it while reading a book."

"I'm still a person who likes to read, haha." Du Xiuxian held the wine glass and squinted his eyes slightly as if he wanted to test him, "I'm a fool and know nothing about economics. Could you please give me the simplest words, Section Chief Adel?"

How about I explain it and accumulate the paradoxes?"

The mouth of a capitalist is a liar.

Nance ate an oyster that probably cost a few pounds, drank a bottle of wine that cost more than fifty pounds, wiped his mouth with a napkin, and said slowly: "Suppose a capital economy is engaged in production activities.

The total annual output value is unit 1. Capital needs to accumulate and expand, and the wages received by workers must be less than the total output value. If the total wages of workers are 0.7, then the remaining production value of 0.3 will become the funds for capital expansion."

"Well, this is easy to understand." Du Xiuxian smiled and sipped the wine.

"Capital uses this 0.3 output value to invest in production equipment or production technology. More advanced production equipment and technology means larger-scale production activities and more jobs. Therefore, in the early value-added and expansion of capital, it can provide

Society brings a steady stream of development momentum.”

"That sounds perfect." Du Xiuxian agreed like an old fox.

Nance internally complained about his shameless behavior of pretending to be stupid, while explaining: "But in this process, a huge loophole will be created."

"oh?"

Du Xiuxian's face was full of surprise.

"The total value of the product is equal to 1, but the money received by the workers is only 0.7. Even if all 0.7 is used for consumption, it is impossible to consume all the products, and there will inevitably be overcapacity."

"Extra products or excess productivity is indeed a big problem. California also encountered it shortly after the founding of the Empire." Du Xiuxian crossed his fingers on the table and whispered: "But at that time, California was still the most competitive and vital.

During the period, different manufacturers reduced the selling prices of goods through price competition, which made up for the overcapacity to a certain extent... But that is not a long-term solution after all, does Section Chief Adel know why?"

Nance glanced at the report on the screen, then thought about the most well-known oligarchs in California, and replied: "With the expansion of capital, the originally loose funds began to come together to form a capital oligarch. Controlling various

The capital oligarchs who are the lifeblood of the economy seek to collude for common interests, price competition is prohibited, and the loopholes of overcapacity begin to emerge.”

"What will overcapacity bring?" Du Xiuxian asked with a smile.

Look at his innocent expression, as if he has forgotten that he is a capitalist oligarch.

"Do you still remember the 0.3 I just mentioned?"

"Remember."

"With the advancement of science and technology, the means of production can bring more and more productivity, and overproduction will accumulate over time. At this time, investing in the means of production can no longer bring greater returns. Originally used for

The 0.3 that continues to be invested in the means of production becomes idle, changing from one 0.3 to countless 0.3. When funds no longer flow, the economy will be in a sluggish state, and growth will stagnate or even become negative. At this time, if there is no major technological innovation or war stimulation, the depressed economy will

The situation will continue..."

The more Nansi said, the tighter his brows became.

He thought of the Great Depression in the United States more than five hundred years ago.
To be continued...