Hong Kong must accept status as SAR for 'one country, two systems' to work: Lee Hsien Loong
Country, Society Protest and Unrest Analysis
HongKong :-
(1) Grievances :- Political (Universal Suffrage, personal freedom)
(2) Root cause :- Perceived losing of personal freedom and identity, Huge income inequaltiy gap (housing, job prospect)
(3) Economic foundation :- GDP (nominal) = US$362.7 billion
Population :- 7.4 million people
UK Brexit :-
(1) Grievances :- Political (Immigration)
(2) Root cause :- Perceived losing of identity and social spaces and sharing of wealth with immigrants, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$2.8 trillion
Population :- 67.6 million people
Chile:-
(1) Grievances :- Economics (High cost of living)
(2) Root cause :- High cost of living, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$298 billion
Population :- million people
Indonesia :-
(1) Grievances :- Political (Law against moral ethics, corruption)
(2) Root cause :- Perceived losing of personal freedom and not curbing corruption, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$1.022 trillion
Population :- 271.5 million people
Spain, Catalan:-
(1) Grievances :- Political (Catalan independence)
(2) Root cause :- Perceived losing of identity and social spaces, perceived sharing of wealth with other provinces.
(3) Economic foundation :- GDP (nominal) = US$1.428 trillion
Population :- 46.7 million people
Thailand:-
(1) Grievances :- Politics (Red party vs Yellow party)
(2) Root cause :- Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$504.9 billion
Population :- 66.4 million people
Consolidated Analysis :-
(1) Root causes of Grievances of these Countries :-
a. Huge income inequaltiy (with the exception of Spain Catalan) - Elongated triangle Pyramid (very small upper income group, small medium income group, huge lower income group) --- as a result of adoption of "Raw Capitalism, Invisible Hand, Laissez Faire" Economic System --- with little Government intervention to address or redistribute wealth and income to lower and middle income group
b. Economic grievances - are attributed to "Political inadequacy or ineffectiveness" in income distribution --- resulting in social unrest and protest.
(2) Antidote :- Society and Country will need to adopt ------- Socialist Capitalism where :-
a. market economy capitalism is adopted to encourage enterprise, diligent, innovation and competition
b. but at the same time adopting "Socialism" in sharing and redistribution of wealth as well as providing education opportunity and job opportunity to help lower, middle income group or those who have fallen behind to uplift themselves through education, skills and better jobs.
HongKong :-
(1) Grievances :- Political (Universal Suffrage, personal freedom)
(2) Root cause :- Perceived losing of personal freedom and identity, Huge income inequaltiy gap (housing, job prospect)
(3) Economic foundation :- GDP (nominal) = US$362.7 billion
Population :- 7.4 million people
UK Brexit :-
(1) Grievances :- Political (Immigration)
(2) Root cause :- Perceived losing of identity and social spaces and sharing of wealth with immigrants, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$2.8 trillion
Population :- 67.6 million people
Chile:-
(1) Grievances :- Economics (High cost of living)
(2) Root cause :- High cost of living, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$298 billion
Population :- million people
Indonesia :-
(1) Grievances :- Political (Law against moral ethics, corruption)
(2) Root cause :- Perceived losing of personal freedom and not curbing corruption, Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$1.022 trillion
Population :- 271.5 million people
Spain, Catalan:-
(1) Grievances :- Political (Catalan independence)
(2) Root cause :- Perceived losing of identity and social spaces, perceived sharing of wealth with other provinces.
(3) Economic foundation :- GDP (nominal) = US$1.428 trillion
Population :- 46.7 million people
Thailand:-
(1) Grievances :- Politics (Red party vs Yellow party)
(2) Root cause :- Huge income inequaltiy gap (job prospect)
(3) Economic foundation :- GDP (nominal) = US$504.9 billion
Population :- 66.4 million people
Consolidated Analysis :-
(1) Root causes of Grievances of these Countries :-
a. Huge income inequaltiy (with the exception of Spain Catalan) - Elongated triangle Pyramid (very small upper income group, small medium income group, huge lower income group) --- as a result of adoption of "Raw Capitalism, Invisible Hand, Laissez Faire" Economic System --- with little Government intervention to address or redistribute wealth and income to lower and middle income group
b. Economic grievances - are attributed to "Political inadequacy or ineffectiveness" in income distribution --- resulting in social unrest and protest.
(2) Antidote :- Society and Country will need to adopt ------- Socialist Capitalism where :-
a. market economy capitalism is adopted to encourage enterprise, diligent, innovation and competition
b. but at the same time adopting "Socialism" in sharing and redistribution of wealth as well as providing education opportunity and job opportunity to help lower, middle income group or those who have fallen behind to uplift themselves through education, skills and better jobs.
Ricky Lim
The following is posted in :-
Friday, December 12, 2014
For the next decades and the next centuries, the World need to tweak the World Economic System - and cannot rely on the current "Raw Capitalism" = in which the main emphasis is "Competition, Intense Competition" - to "kill all competitors" - "winners take all system" --- where the "sole survivors will be those at the apex - and those in middle-class and lower-class will be eliminated" - due to business restructuring, retrenchment, ---- that lead to Economy volatilty, leading to increasingly wider and wider social divide, income divide - that will bring about social instability, economic volatility, job lost, wage stagnation, job instability, high stress level etc - that will bring about "equal miseries" - if the winner that form the apex thinks that they are the "final winners".
The majority losers - will take their miseries to the "winners" - and pull them down - since "you are ok", "i am not ok".
We are already witnessing many World events that are unfolding - across the continents and in many countries :-
(1) Arab Spring - where so many countries embroild in civil wars and a breeding ground for terrorism.
(2) Long ruling Governance losing grounds or fast changing of hands in Governance.
(3) Social unrest in so many cities - across the continents - Wall Street, Arab spring, Chrysatemum movement, demonstration etc.
What is the main cause - that trigger all this ---- the flaw "Raw Capitalism" - that cause the Society to form a very long elongated Pyramid.
Raw Capitalism = Competition = the strongest, the sly, the fittest survive = i ok, you not ok is ok.
Competition - kills Cooperation that "Open and Expand Economic Pie", that "Open Opportunites", that "Expand Business, Investment, Business Profits, Create Jobs, Maintain Niches, Maintain Market Shares" - though Competition ensure "Market Efficiency". But extreme competition - will bring "very small winners" and "kill the rest".
So for the next decades into the next centuries, what should be the Economic Model for the World?
It should be a "Co-operative, Competitive Model" - this harness the best of the 2 Economic System :-
(1) "Co-operation" - open Economic Pie, open Business Opportunities, maintain individual niches - ensure every industries, every organisation there are sufficient rooms to survive, make decent profits, create and maintain jobs.
(2) "Competition" - ensure "market efficiency" - within the framework of "Co-operative competition" - without killing off one another's industries and companies - that keep a decent organisation profits and maintain jobs for the staff and workers.
Only then, it will ensure Society stability, harmony and prosperity - for every Countries in the World (because everyone has a job, can feed themselves, can feed their dependants, can feed their families).
- Instead of what we are witnessing now in every corners of the World ---- where social divide is acute, income gap is acute, social instability - due to high jobless rate, economic volatility, financial volatility, intense business competition, intense economic competition, raw capitalism rearing the ugly ahead and displacing many majorities and benefitting on the minorities - that lead to society incohesion, conflict and disharmony.
If the World want to see less turmoil, political instability, social incohesiveness, disharmony, festering of terrorist ideologism etc ---- then moving from "Raw Capitalism" toward "Co-operative, Competitive Economic Model" is the way to go.
What is the Fundamental Objective of a Society, of a Country ?
"Ensure every citizen can feed themselves and their families with a decent job and a decent pay - and live in a Society and coexist with others in an environment that is safe, harmonious, and peaceful."
"Not enriching a few individual - at the expense of others - which the current "Raw Capitalism" Economic System - has bring about this outcome" - where the adverse consequences will be political instability, economic volatility and social disharmony or disquiet. Where at the end of the day, the few individuals will also lose their wealth in a disharmonious society. So did "Raw Capitalism" serve the purpose?
In long term - no.
We are already witnessing increasingly - "equal miseries" mode.
Than in this case, shouldn't the World collectively tweak the "Raw Capitalism Economic System" to a "Co-operative, Competitive Economic System" - to ensure every Society, every Countries, every Industries and every Companies - have their own niches to feed every citizens?
Friday, December 12, 2014
For the next decades and the next centuries, the World need to tweak the World Economic System - and cannot rely on the current "Raw Capitalism" = in which the main emphasis is "Competition, Intense Competition" - to "kill all competitors" - "winners take all system" --- where the "sole survivors will be those at the apex - and those in middle-class and lower-class will be eliminated" - due to business restructuring, retrenchment, ---- that lead to Economy volatilty, leading to increasingly wider and wider social divide, income divide - that will bring about social instability, economic volatility, job lost, wage stagnation, job instability, high stress level etc - that will bring about "equal miseries" - if the winner that form the apex thinks that they are the "final winners".
The majority losers - will take their miseries to the "winners" - and pull them down - since "you are ok", "i am not ok".
We are already witnessing many World events that are unfolding - across the continents and in many countries :-
(1) Arab Spring - where so many countries embroild in civil wars and a breeding ground for terrorism.
(2) Long ruling Governance losing grounds or fast changing of hands in Governance.
(3) Social unrest in so many cities - across the continents - Wall Street, Arab spring, Chrysatemum movement, demonstration etc.
What is the main cause - that trigger all this ---- the flaw "Raw Capitalism" - that cause the Society to form a very long elongated Pyramid.
Raw Capitalism = Competition = the strongest, the sly, the fittest survive = i ok, you not ok is ok.
Competition - kills Cooperation that "Open and Expand Economic Pie", that "Open Opportunites", that "Expand Business, Investment, Business Profits, Create Jobs, Maintain Niches, Maintain Market Shares" - though Competition ensure "Market Efficiency". But extreme competition - will bring "very small winners" and "kill the rest".
So for the next decades into the next centuries, what should be the Economic Model for the World?
It should be a "Co-operative, Competitive Model" - this harness the best of the 2 Economic System :-
(1) "Co-operation" - open Economic Pie, open Business Opportunities, maintain individual niches - ensure every industries, every organisation there are sufficient rooms to survive, make decent profits, create and maintain jobs.
(2) "Competition" - ensure "market efficiency" - within the framework of "Co-operative competition" - without killing off one another's industries and companies - that keep a decent organisation profits and maintain jobs for the staff and workers.
Only then, it will ensure Society stability, harmony and prosperity - for every Countries in the World (because everyone has a job, can feed themselves, can feed their dependants, can feed their families).
- Instead of what we are witnessing now in every corners of the World ---- where social divide is acute, income gap is acute, social instability - due to high jobless rate, economic volatility, financial volatility, intense business competition, intense economic competition, raw capitalism rearing the ugly ahead and displacing many majorities and benefitting on the minorities - that lead to society incohesion, conflict and disharmony.
If the World want to see less turmoil, political instability, social incohesiveness, disharmony, festering of terrorist ideologism etc ---- then moving from "Raw Capitalism" toward "Co-operative, Competitive Economic Model" is the way to go.
What is the Fundamental Objective of a Society, of a Country ?
"Ensure every citizen can feed themselves and their families with a decent job and a decent pay - and live in a Society and coexist with others in an environment that is safe, harmonious, and peaceful."
"Not enriching a few individual - at the expense of others - which the current "Raw Capitalism" Economic System - has bring about this outcome" - where the adverse consequences will be political instability, economic volatility and social disharmony or disquiet. Where at the end of the day, the few individuals will also lose their wealth in a disharmonious society. So did "Raw Capitalism" serve the purpose?
In long term - no.
We are already witnessing increasingly - "equal miseries" mode.
Than in this case, shouldn't the World collectively tweak the "Raw Capitalism Economic System" to a "Co-operative, Competitive Economic System" - to ensure every Society, every Countries, every Industries and every Companies - have their own niches to feed every citizens?
(1) New economic model - "Socialist Capitalism" coin in 12 Dec 2014.
(2) World raise the need to search for new economic model beyond "Raw Capitalism" or "Socialism" in a news article 21 Apr 2015. (where raw capitalism promote wealth but result in gross income inequality. while socialism result in more equitable income but result in poverty).
(3) Economists acceptance of the new economic model "Socialist Capitalism" as remedy for income inequality from an elongated pyramid to a more acceptable compact pyramid in news article 24 Nov 2017.
The birth of a new economic model "Socialist Capitalism".
That may save the World from political disorder, social disorder and economic trade war.
Ex DPM Tharman Shanmugaratnam pitching "Inclusive Prosperity" (Socialist Capitalism) to replace Western Capitalism in London LSE (London School of Economic and Political) forum on 30 Jan 2017 pitching in evangelical tone to save Capitalism.
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