Franch thining on economics changed. Maybe wealth wasn’t a stockpile of silver like Colbert thought. Maybe wealth circulates though a body. Laws, regulations, tariffs, subsides, and so on would get in the way of that netural circulation.
- [HOW OUR ECONOMY WORKS] by MICHAEL GOODWIN -
French agricultural economist Franisois Quesnay (4 June 1694 – 16 December 1774) took the first step in liberal economic thought, complementing the protectionism of commercial economist Colbert. Although mercantilism and protectionism are acknowledged to be quite effective for the French economy, the poverty problem in France has not been solved by Louis XIV, who started the war. This point has much to suggest in that the current trend of pursuing protectionism is also pursuing war. War is just destruction and regression.
The modern economy has been developing by complementing and complementing, but as we enter the 21st century, there is a movement to regress in the form of a cold war in which the ideological cold war has been transformed. This movement is based on generational egoism, rigid dictatorship, and hegemonism. In order to solve the problem, it is urgent to find out what makes the economic cycle rigid.
North Korea's economy is not large. However, even if North Korea pursues a self-reliant economy, there is room for expansion if it tries to circulate internally. As mentioned before, North Korea will follow the Singapore model.
Like the late Qing Dynasty, the Chinese economy pursues 地大物博 (land is wide and goods are diverse). Under the leadership of President Xi Jinping, who deeply retains Mao Zedong's communist ideas, communist politics and capitalist economy are showing a separate behavior. This behavior will interfere with the global economic cycle in the long term and wide area.
Japan also has a capitalist economic structure, but the cycle has faced limitations as it failed to globalize and the color of protection trade strengthened. Now, it has become a system dominated by rigid thinking of the old generation rather than open thinking of the new generation, and it has become a phase of non-circulation.
One day, while reading Russian President Putin's autobiography, I thought that President Putin may be included in the viewpoints of the war (World War 2) as much as the middle-aged and older generations in Korea, where war trauma was succeeded through the parents' generation. Perhaps that is not just a matter for Putin. All the middle-aged and older generations of Russia will also be incorporated into the perspective of the time of war by combining the bad and glorious memories of that time. Russia has too many factors to cooperate with non-circulation. The problem of geographical isolation is a problem to be solved in the future.
Korean politics has focused on circulation through globalization and trade, but sometimes, under the pretext of conservative politics, non-cyclical political attitudes have emerged and are resisted and withdrawn.
There is still a movement to seek a solution to the problem through ideological bisection between capitalism and socialism, but it should be considered from a different perspective. American-style capitalism is not necessarily right, but communism has naturally been confirmed as an unreasonable ideology. The important thing is to circulate. This is because the speed of the cycle is the size of the economy. In this respect, the capitalist economic ideology is a basic ideology.
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