Calling people who fail to start a business as "lao lai" is a kind of personality insult, why?
Text/Appearance Wolf (WeChat public account: Caijing Lang Eye Daily)
Wang Mudi: Today we invited Teacher Shi Hanbing to talk about "Lao Lai", according to the data of the China Enforcement Information Disclosure Network, as of mid-November, the total number of untrustworthy executors in China has reached 15.91 million.
Lang Xianping: However, this number was later corrected, and the number of people who were repeatedly executed or have been executed, if they were removed, would probably only be more than 5 million. "Lao Lai" is there, and he does not want to pay back the money, but many of them have come to this step because of poor management. I would like to make a completely different point. There is nothing wrong with us to legislate, and there is nothing wrong with our implementation, but it has brought serious negative psychology to many entrepreneurs, and pioneering enterprises will have great risks. This system, we also have to do a deeper discussion.
Wang Mudi: You think that there is not enough tolerance for entrepreneurs, which is also Cao Dewang's statement that these entrepreneurs should not be called, and people who fail to start a business are called "lao lai", which is a kind of personality insult.
Lang Xianping: For example, like Shi Yuzhu, he also failed, and then got up again. If he is not allowed to take the high-speed train, he is not allowed to take a plane, how can he get up again, he can't always drive to all places to talk about business, right?
Wang Mudi: In Teacher Shi's view, why has this group become so large, should they be called "Lao Lai"?
Shi Hanbing: We should now look at it this way, and the people who are restricted from high consumption may be that they really have no money to pay back. Because entrepreneurs face relatively large risks when doing business, doing business, and doing entrepreneurship, it is likely to lead to their own bankruptcy. For example, Luo Yonghao said that he would also pay back this money when selling his art, and strictly speaking, he did not belong to "Lao Lai". He belonged to himself and wanted to pay back the money, but he really couldn't pay it back. In another case, if you have money and do not pay it back, it should be this part of the people who are severely punished, but it is not enough to severely punish this part of the people, and it is not enough to limit high consumption.
Wang Mudi: In fact, "Lao Lai" is not strictly speaking, a legal term.
Lang Xianping: Lao Lai must have, I really don't want to pay back, I don't think it will be more than half. It is really the majority who do not have the ability to pay back the money. Restricting high consumption itself, whether it is rich or not, has no effect on the problem of old lai, whether it is rich or not, it will hit many people who want to start a business.
Wang Mudi: The case of Shi Yuzhu that professor just talked about was the bankruptcy of the Giant Group at that time, Shi Yuzhu owed 250 million yuan, and then he managed his friend to borrow 500,000 yuan to make a comeback, relying on the "gift to send brain platinum" to make a comeback, if this system is strictly implemented, it will eliminate a lot of "Shi Yuzhu".
Lang Xianping: We do have "Lao Lai", and we must also severely punish "Lao Lai". But in order to deal with this small group of people, what we have lost is the entrepreneurial opportunity of the whole society, and we have hit many people who should not be hit.
Wang Mudi: It is to kill chickens with a cattle knife.
Shi Hanbing: In fact, our country needs an "bankruptcy law". The United States began to establish the "Bankruptcy Law" system in 1898, after the "Bankruptcy Law", it not only protected creditors, but also gave these entrepreneurs the opportunity to make a comeback, it can actually protect both aspects, the most typical example: Trump.
Lang Xianping: Yes, bankruptcy 6 times, and finally when the PRESIDENT of the United States made a comeback. The purpose of the Bankruptcy Code is not to let you escape from debt, the real basic spirit of the Bankruptcy Law is to help you grow again and make a comeback. And it is because you can't do it, and the Bankruptcy Law protects you after bankruptcy. How to protect you? That is, the creditors cannot be pursued, give you a period of time, let you work well, make a lot of money after getting the company right, and then you slowly repay the debt, which is the meaning of the Bankruptcy Law. To say that the Bankruptcy Code is an attempt to evade responsibility and not want to pay off debts is nonsense.
Wang Mudi: "Lang Yan" just talked about a personal bankruptcy system before, in fact, now China is brewing the improvement of the personal bankruptcy system, in fact, the introduction of the personal bankruptcy system will be better.
Shi Hanbing: Because the core point of the Bankruptcy Law is to push from bankruptcy liquidation to bankruptcy reorganization. In fact, creditors can also be protected to the greatest extent, because after the comeback, the creditor's debt will not be easy to get.
Lang Xianping: The celebrities that we all pay more attention to, whether you look at Luo Yonghao or Wang Sicong, no matter what these two people say, people are doing business.
Wang Mudi: One venture, one investment.
Lang Xianping: Yes, as for them coming this far, Wang Sicong is a poorly managed business. Luo Yonghao is the same, he originally owed 600 million, he needed to pay back about 100 million, but also the business is not well managed. Representing personal judgment is problematic.
Shi Hanbing: He actually reflects two situations, that is, we entrepreneurs have always had a mentality of quick success, eager to succeed, or we are particularly pursuing comprehensiveness and wanting to intervene in various fields.
Wang Mudi: Since the establishment of Wang Sicong's Pulse Capital, it has invested a total of 25 billion yuan. Many people are analyzing why as the only son of the former richest man in China, he can't afford 150 million? Some media speculate that it is because there is a series of chain reactions behind this, which is probably speculated to reach the scale of 3 billion, so Wang Sicong owes more than 150 million.
Shi Hanbing: I think there is another phenomenon that deserves special attention, that is, among the 15 million dishonest executors, the vast majority are private entrepreneurs, and there are almost no central enterprises and state-owned enterprises. That is to say, when the downward pressure on the economy increases, such as financial resources and loans, they are basically continuing to flow to central enterprises and state-owned enterprises. And private enterprises, when they themselves have greater downward pressure on the economy, the pressure is greater, the cost of borrowing, the cost of operation, are much higher than state-owned enterprises and central enterprises, the pressure to survive is actually greater. Entrepreneurs create taxes and provide jobs, if a large area of enterprises go bankrupt and fail, and then entrepreneurs become "old lai" and become dishonest executors, it is actually a very sad thing, which means that the jobs they can create are declining.
Wang Mudi: How should we do stripping away is what kind of people count him as "Lao Lai", what kind of punishment to give him, what kind of people give him the opportunity to make a comeback.
Lang Xianping: Now the basic grammar is separated. To give a so-called equality, you have to have a judicial system underneath, like the Personal Bankruptcy Act and the Corporate Bankruptcy Act in the United States.
Shi Hanbing: These two groups should be given a clear legal system according to Professor Lang' words. Because of this "bankruptcy law" in the West, it has been introduced for more than 100 years, and there is a lot of experience that we can learn from. No matter how difficult it is, we still have to go in this direction. If the bankruptcy is not institutionalized, standardized, and quantified, it will not be conducive to entrepreneurs moving forward.
Wang Mudi: Today, Professor and Teacher Shi have re-examined or rethought the group of entrepreneurs or entrepreneurs, Xu Xiaoping once said such a sentence, the road to entrepreneurship is full of white bones of failure, people with a lot of money and people who have nothing, there is the same light in their eyes.