In the second half of industrialization, there is serious overcapacity, all walks of life are extremely involuted, and industrial capital is excessively transferred to financial capital, which is often said to be from real to virtual, and the platform economy, which is dominated by financial capital, makes the distribution rules change from the past distribution according to work to distribution according to capital, which will lead to two serious consequences.
One is industrial transfer, when all the profits are taken away by the head capital, the real industry is unprofitable, and capital and technology are forced to transfer outward. Everyone has seen this, but they can't admit it.
One is the decline in liquidity. When finance pursues appreciation and preservation, the rich will convert their wealth into assets, which also locks up liquidity. The decline in mobility has led to a violent involution of the middle and lower classes, and education and employment have become a cruel competition, making ordinary people physically and mentally exhausted. In order to fundamentally solve the problem, it is necessary to change from the original stimulation of consumption to actually reduce the burden on ordinary people. Improve the social security system, strengthen the control of financial capital, so that financial capital can truly serve the real industry, and make the income distribution system friendly to the majority of people. Only when ordinary people can see hope will the predicament be gradually resolved.
