Recommendable! China is no longer a producer of cheap consumer goods! However, communism and socialist central planning are serious impediments!
In honor of Thomas Paine and other Founders & Immigrants. In memory of my daddy Horst Bingel and my mom Irma Bingel
Showing posts with label command and control economy. Show all posts
Showing posts with label command and control economy. Show all posts
Saturday, July 05, 2025
Saturday, September 21, 2024
Wednesday, August 24, 2022
The state of environmental, social, and governance (ESG) scores state by state
ESG is a form of ideological expropriation. ESG is an attempt to control and command businesses based on ideology! Hopefully, it will be soundly defeated and become another footnote in history!
It is bad enough that the U.S. Securities and Exchange Commission is trying to enforce ESG reporting rules!
Saturday, December 12, 2020
China’s Xi Ramps Up Control of Private Sector. ‘We Have No Choice but to Follow the Party.’
The dictator for life, Xi Jinping, tightens the screws! By doing so, the dictator risks the economic miracle of China. Will this be ultimately his downfall? You bet! Hubris, omnipotence, and delusions of grandeur have taken down many leaders in history!
"Xi Jinping, long distrustful of the private sector, is moving assertively to bring it to heel.
China’s most powerful leader in a generation wants even greater state control in the world’s second-largest economy, with private firms of all sizes expected to fall in line. The government is installing more Communist Party officials inside private firms, starving some of credit and demanding executives tailor their businesses to achieve state goals. ...
Mr. Xi has made his priorities especially clear in recent months. In September, the party issued new guidelines for private companies, reminding them to serve the state and vowing to use education and other tools to “continuously enhance the political consensus of private business people under the leadership of the party.” ..."
Mr. Xi has made his priorities especially clear in recent months. In September, the party issued new guidelines for private companies, reminding them to serve the state and vowing to use education and other tools to “continuously enhance the political consensus of private business people under the leadership of the party.” ..."
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