If you can realize free medical care as soon as possible, it will release a larger "consumption volume". Going to the hospital for treatment is already a huge mountain that overwhelms ordinary families.
If it can be made free as soon as possible, it will not only reduce excessive medical care.
The main thing is that everyone will not be under pressure, but it will drive a lot of consumption.
Liu Xiangming
All of China's investment in production capacity and high technology is impossible to change China's economy.
The only way for China's economy to change is to improve welfare. If all new infrastructure construction is stopped, free medical care can be achieved.
If Chinese people have free medical care, you can imagine how much this consumption capacity will expand.
Schumpeter is the economist I admire most. In 1911, he said that economic crisis is inevitable. He said it is a financial phenomenon.
During the epidemic, I saw an article on economy saying that chips will become very cheap. The British made a list of all registered chip companies in China.
List the production capacity of all companies in this list, summarize all production capacity, and then summarize the world's demand. You can see at a glance that if China's chip production capacity is fully realized, it will exceed the global demand by 2 million times.
What is his speculation? In the future, he may have a company that extracts sand and makes chips. It may be better to sell sand directly.
What is the good news? At that time, there were 40,000 Chinese companies making chips. Now it is clear that 30,000 of them have died. But everyone should pay attention to how much money is gone. How much money can a chip company make? It should not be less than 100 million. 30,000 companies died. Look at how much money was collected. You know what an economic crisis is.
That's what Schumpeter said. When all companies make investments based on financial statements, they pursue a high return. When everyone is chasing this high return, once the production capacity is achieved, he has no return at all. This is called an economic crisis.
What is his second explanation? He said that classical capitalism is unsustainable and it will become welfare capitalism. In 1945, the Americans had just finished World War II and were very proud. I will disappear and I am the global hegemon. He said, what the hell are you talking about? You can't play like this. You have to change to welfare capitalism. Later, the Nordic countries took the lead in entering welfare capitalism and are currently the most developed places in the world.
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