Page 22 - The 40 Ch. Book by James Hong or 洪祥智
P. 22

5.9. Karl Marx's description of capitalism: (from Youtube video)

                   1. Unemployment rate, employment instability
                   2. Workers receive very little compensation
                   3. Production efficiency is high and few people need to work.

                   4 Poor people are unlikely to get married.


                   5.10 High efficiency creates unemployment
                   Imagine that only 10% of populations who are workers can meet

                   the needs of everyone, so the remaining 0-90% are unemployed.


                   Example of unemployment rate: Imagine if 10 people of 10
                   business types meet 1,000 people, (1,000-100) / 1000 = 90/100
                   has no work x (age%). 90% didn't work. Do social experiments

                   and observe records.


                   5.11 Government debt
                   Public debt amount and its income

                   On a global scale, all governments are bankrupt due to debt.


                   5.12 Company profit
                   The company has money and the people don't necessarily have
                   money.


                   5.13 Rich and poor:

                   The only person who has the ability to buy or consume is a
                   retire, because wealth is accumulated.
                   When young people are all bankrupt, humanity will face

                   extinction. (Because the elderly get the job first; the population
                   is reduced and fewer people are needed, so the young people are

                   unemployed.)


                   5.14 Unemployment and employment
                   1. When people die or people leave the workforce, the

                   unemployment rate drops. For example, :: Ex. 80/100 = 80%
                   (80-20) / (100-20) = 60/80 = 75%
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