Zhu Houzhao is also facing the same problems and troubles when facing Daming Textile United Trading Company.

The textile industry is important to the Ming Dynasty, and the issue of feeding 20 million people is also very important, but you cannot use this to force the emperor and the court.

The emperor and the imperial court will find ways to solve the problem, but it will not be like the kind they proposed, which is to formulate policies that are only beneficial to the textile industry around the textile industry.

Today the textile industry can force the emperor and the court, but tomorrow the steel industry can do the same, and the day after tomorrow the automobile industry will come too?

If one industry after another encounters difficulties in development, what else will the court do?

"Your Majesty, what do you think of this matter?"

Liu Jin listened carefully and then asked after thinking about it.

"I feel that whether it is using tariffs, abolishing the holiday system, or allowing slavery, these methods are obviously unworkable. They only treat the symptoms but not the root cause."

"What's more, I want to look at the problem from the perspective of the entire Ming Dynasty and even the world, and consider the interests of everyone in the entire Ming Empire, not just a certain industry or certain people."

Zhu Houzhao thought for a while and said.

"Your Majesty, Holy Ming!"

When Liu Jin heard this, he also said that Zhu Houzhao was obviously much more mature and knew that he had to consider the overall situation when looking at problems and doing things.

"The root cause of the problems faced by our textile industry in Ming Dynasty is that there are too many textile factories. The entire Ming Dynasty or the global market simply does not need so many textile factories."

"Taking the textile industry as an example, and looking at the entire global market, the cloth required every year may only be a few hundred million taels of silver. This market will not suddenly increase or decrease too much."

"Generally, if the scale is maintained at this level, when the output of all textile factories is below this scale, the entire textile industry will be able to live a very prosperous life."

"Because all the products produced are simply not enough to sell, everyone will be scrambling for your clothes and cloth."

"But once the textile industry makes money, a large number of people and funds will flow into the industry, which will inevitably lead to a large increase in production capacity and eventually exceed market demand."

"At this time, the market supply will exceed the demand, and some products will not be sold at all. Once there is a serious surplus, it will lead to our current situation, where a large number of products produced by factories cannot be sold.

, can only be piled up in the warehouse."

"Because there is no need for so much cloth and clothes on the market, the extra cloth produced can only be squeezed into the inventory and cannot be sold."

Liu Jin described the content of later market economy in detail to Zhu Houzhao in the simplest way possible.

"You mean to say that the quantity of clothing fabrics produced has far exceeded the quantity required by the market, and that's why the current situation has occurred?"

After Zhu Houzhao listened, he seemed to understand something vaguely, and after thinking about it, he asked.

"Yes, Your Majesty!"

“We have too many textile factories, and they all use new textile machinery with high efficiency and large output. In addition, the output of wool and cotton has increased significantly in recent years. Together, these have led to the current situation faced by the textile industry.

Case."

"In fact, this is true for any industry. Everything is determined by the market and determined by supply and demand."

Liu Jin nodded solemnly and said.

"I see!"

"Wang Shouren and Zhong Fan are pretty much talking about what you said. They also say that there are too many textile factories now and the products produced exceed the market demand, so the current situation occurs."

After Zhu Houzhao heard this, he nodded slightly.

"So how do we solve this problem?"

"Your Majesty, we don't have to worry about it at all and let the market decide everything."

"Closing some textile factories is actually a good thing. Everyone in the province has invested funds and labor in the textile industry. Other industries also need funds and labor."

Liu Jin said very decisively.

In fact, for the current Ming Empire, the thunderstorm in the textile industry is also a good thing, which can let everyone know the cruelty of the market economy.

"But this will cause a large number of textile workers to lose their jobs."

"Once you lose your job, you lose your livelihood."

Zhu Houzhao was slightly dumbfounded when he heard this. He thought Liu Jin would come up with some special good ideas, but who knew that he just let it go.

This is so inconsistent with Liu Jin's usual style.

"Your Majesty, many factories in the textile industry will close down. It is true that some people will lose their jobs, but other industries are developing very well."

“Industries such as our Ming Dynasty’s electrical, electrical appliances, automobiles, heavy industry, shipbuilding, chemical industry, etc. are all developing very fast and violently. These industries require a large amount of labor, and many of them have even been affected because they cannot recruit enough workers.

.”

"The labor force released by the textile industry will be absorbed by these industries, so there is no need to worry about finding a job."

Liu Jin quickly said that all industries in Ming Dynasty are now in very good shape and developing rapidly, especially emerging industries, which are developing even more rapidly. However, the textile industry, a sunset industry, takes up a large amount of labor.

This is also related to the tradition of Ming people. Once you work in a company, you will continue to work in it. There are very few job changes unless the employer can no longer work.

The word loyalty is imprinted in the bones of the people of Ming Dynasty. They are not only loyal to the emperor and the country, but also to the employer who employs them.

"But if we don't care at all, many textile factories will be relocated to overseas vassals and colonies. Our Ming Dynasty will not only lose a lot of tax revenue, but also a lot of jobs."

Zhu Houzhao thought for a while and then said.

"Your Majesty, it is almost inevitable that the textile industry will move to overseas vassals and colonies, because the labor cost of our Ming Dynasty is getting higher and higher, but overseas vassals and colonies can keep slaves. There is no comparison at all.

.”

"Our Ming Dynasty has advantages in technology, capital, and talents. We can completely abandon the textile industry and focus on the development of heavy industry, automobile manufacturing, electrical, finance, chemical industry, shipbuilding, and many other industries that require technology, capital, and talents."

"These industries can provide more tax revenue and can also provide their employees with higher-paying positions and benefits, which is incomparable to the textile industry."

"The ceiling of the textile industry is what our Ming Dynasty looks like now, but other industries still have huge development prospects!"

PS: I was too lazy to divide it into two chapters, so it’s just one big chapter of 5,000 words~~
Chapter completed!