Huanxiang Tebang was not built by me alone, and Huanxiang Industrial was not built by me alone. But all the land and assets belong to me only, at least in name."

Rothchild interrupted again: "Brother, Huanxiang Industrial's current equity structure is completely unnecessary. You only need to have control. Have you ever thought about going public for financing? It must be the most significant event in the world's capital market in recent decades.

event.

You don’t even need to wait for the day of official listing. As long as you have the intention, the first round valuation will be astronomical. When it is officially listed, the wealth you will have in a moment will exceed the imagination of the world.

Even if you are rich now, it is only the profit accumulated from producing Chunrong Pill every year. But by that time, your assets will be far greater than they are now, and they can be liquidated at any time."

Kedia added in a low voice: "Doctor Luo is right."

"That's right!" Feng Zibin actually swore, then looked at the fields in the distance and said: "People are willing to buy Huanxiang Industrial's shares because they recognize the company's ability to create value. That's what the book says, right?

?

If they just want to speculate on the price difference, it is meaningless and does not create anything. But if they are looking forward to future dividends and profits, have they really created anything?

Someone makes them believe, or they believe it themselves, that as long as they put money in the right place, money will automatically be generated. They only need to have accurate enough vision and make the right choice, and there is no need to pay any more labor.

If the moment I ring the bell on the exchange, I can have wealth far beyond my current assets, do I really create this wealth?

I will only tell you one fact: if Yangyuan Valley gives an order to all the disciples to withdraw from the Chunrong Pill production department, Huanxiang Industrial will not be able to produce even one Chunrong Pill!"

Rozchild explained: "What Her Royal Highness the Princess said does not mean the same thing as what you said, but it means that in reality, this kind of situation will really happen."

Feng Zibin: "If everything that has happened and is happening in reality is correct, why should the new alliance change the old country?"

However, Ma Taishan always grasped the key point and kept the topic from going astray. He persisted and asked: "Lord Feng Zibin, you just said that as long as Yangyuan Gu gives an order, all disciples will withdraw from the Chunrong Dan production department and Huanxiang Industrial.

You can’t produce even one Spring Beauty Pill!

If this is the case, Lord Rothchild's suggestion needs to be considered even more. You can give these Yangyuan Masters shares so that they can share the profits of Huanxiang Industrial. Bundling each other's interests together is the best way to retain them.

Way.

Nowadays, almost all the most successful large enterprise groups in the world do this. If Huanxiang Industrial wants to achieve greater success and ensure long-term development, I am afraid it must do the same."

Feng Zibin glanced at Ma Taishan and did not answer directly. He changed the subject and actually told a story that seemed like a modern fable——

"There is a country that is as sparsely populated as Huantian, but much larger than Huanxiang. Someone once launched a revolution with the slogan of making everyone the true master of the country.

The specific measures were very creative. All the state-owned assets of the country were used to form a company and be demutualized. The country had a population of more than 3 million at that time, so it was divided into more than 3 million shares, one share for each person.

Then the revolution succeeded because it was welcomed by most of the people.

What will happen after success? Does getting this share mean owning the country? Or does it mean that people don’t have to do anything and can share the dividends?

The reason why assets have value is that they are both means of production and objects of labor. Value is obtained in production activities. So who is allowed to produce? If these three million people do not engage in production from now on, what else can they get?

If they can receive dividends, they are sharing in the value created by the producer. For this country to develop and prosper, what is needed after all is the efforts of workers.

There is another way to make short-term gains, which is to sell off all state-owned assets and share the income among everyone. Everyone may get a sum of money to a greater or lesser extent.

This raises two questions. The first is at what price should it be sold to whom, and who can buy these assets? The second is after all the assets are sold, what is the significance of the shares of the shell company?

So some smart people thought of a better way. This country still has some resources, such as minerals, including coal mines, copper mines, and rare earth mines.

Invite foreign companies to bring equipment, build roads, hire workers to mine, and then sell the ore so that all citizens can share the profits.

It seems that it can indeed share profits, but it is not enough to support the good life in people's minds. What will people think of at this time?

Since virtual shares are a kind of personal asset, they can be traded and transferred. So when the next so-called general election comes, all the candidates have proposed their own campaign policies, that is, the shares in people's hands can be listed and traded.

People who do not support this kind of policy cannot be elected. Because no matter whether they plan to sell their shares or not, they do not mind having the right to sell them. They will all hope to have the so-called opportunity to sell at high prices and buy back at low prices.

I believe each of you can guess the result after listing. All assets need to be operated. It is much easier for a specific operator to make it lose money than to make it profitable. Shares without income are equivalent to waste.

Paper.

So it really dropped to the price of waste paper, was sold off all the way, and was easily bought up in large quantities.

Then the high-quality assets of this huge company were broken up and sold into the hands of various private consortiums. By this stage, the original design had lost all meaning.

This is just a story. I don’t know if there is such a country in reality. But we can also deduce it in another way. If this kind of share is not listed and traded, can it be inherited?

If it cannot be inherited, it loses its meaning. If it can be inherited, this family has two children, and that family has only one child, and the difference in the shares of share capital they inherit is doubled, is this truly fair?"

This story was somewhat absurd, but Ketiya became more and more interested as she listened to it. After hearing this, she finally couldn't help but interjected: "What if it were changed to another form?

Shares cannot be traded or transferred or inherited. The total number of shares changes at any time according to the total population. There are as many shares as there are citizens. All citizens are entitled to one share at any time."

Feng Zibin smiled: "What a good idea, what a bad idea!"

Ketiya was not angry at all, and immediately realized the absurdity of the suggestion she just made. She smiled and stroked her forehead while riding on the camel: "Mr. Lord, I was led astray by your absurd story.

If the matter is based on an absurd logical premise, no matter how we discuss it, we will not be able to escape from this absurd framework. The matter itself returns to the issue of how to establish a social welfare security system, but the most unreliable term is used here.

Way."

Cui Wanhyuk added at the right time: "We believe that a better world is where successful people exist, allowing people to see the hope of hard work, not the despair of useless efforts, let alone the illusion that there is no need to work hard."

Rozchild asked: "What about the accumulation of previous generations?"

Cui Wanhyuk: "That is the condition for working harder, allowing people to work hard on a better basis, so as to create and get more. Of course, there are people in this world who don't want to work hard. It is a personal choice.

So what Mr. Feng Zibin means is that some things should not be divided up and owned by any private person. For example, Huanxiang Industrial, such as Huanxiang Tebang.

The so-called equality is not and cannot be equal distribution in an absolute sense, but can only be as fair as possible according to rules. People have long understood that some things cannot be privately owned and inherited, such as official positions.

Official positions in modern society can no longer be inherited by private individuals, but there are many more things that are still privately owned and inherited. Some are allowed, but some should not..."

Before she could finish her words, she was interrupted by the persistent Mataishan: "Lord Feng Zibin, you haven't answered my question just yet."

Feng Zibin smiled and said: "Didn't Her Royal Highness Princess Cai make it clear just now? Doctor Luo made a suggestion, the reason is that it can bring me more wealth.

And you told me that the most successful large enterprise groups in the world are doing this now. Huanxiang Industrial must also do this if it wants to achieve greater success and ensure long-term development.

But why must I abide by such wealth logic? Why must we discuss issues within such a logical framework? If we enter the framework you have set, it means that everything you say is correct.

But why do I have to jump in and pursue what they think is their pursuit? I don't care at all how much wealth a person can have. As a great magician, Mr. House probably doesn't want this mainly in this life, right?

If the story just now is too absurd, then let me tell you the reality in front of you. This time we also passed through Xintian Town, thinking about the earliest town established in Tebon. Did you see the family-style residential areas there?

There is no shortage of land here, so every house has an open space behind it. There is no monastery wall, but you can make your own fence. The area is not large, only ninety square meters.

Most people's homes are used to grow vegetables, all kinds of vegetables. The climate conditions here are very good, and many vegetables can grow all year round. When you want to cook, you can go to the backyard to pick a handful of fresh vegetables.

If you want to change your taste someday, you can exchange different dishes with your neighbors. In short, in that living area, you can almost find vegetables that can be grown locally.

The residents there are almost all Dongguo people. The Dongguo people's diet is probably the richest in the world. They can make a variety of dishes if they have the conditions. They also consume the most vegetables per capita in the world.

How big a demand is this? And Huanxiang Industrial also has a vegetable base. If we follow your logic just now, how can we allow this situation to exist? How much less vegetables will we sell and how much less money will we make?

What's more, the living area was built by Huanxiang Industrial itself, including the housing and the open space in the backyard where vegetables can be grown. Huanxiang Industrial provides it to the residents. Doesn't this make it difficult for its own business?

There are smarter people who will tell another story. The efficiency of growing vegetables in individual household gardens is far less than that of large-scale modern vegetable production bases, and it also wastes a lot of people's energy.

Instead of doing this, it is better to let people use their energy on work that can create more value, save more efficient labor time, and leave the supply of vegetables to modern production bases.

Does this make sense? If we follow this narrative logic, it makes so much sense!

But I want to tell you that growing vegetables in your own backyard is not compulsory labor, but a kind of leisure after work, a taste of life, and even a way to enjoy life.

Different people will grow different vegetables, and some people will save the trouble and plant some flowers and fruit trees instead of growing vegetables. Some people simply convert it into a tea shed, or a pavilion for barbecue gatherings on rainy days.

Many residents are Yuan Yuan masters and have planted spiritual plants such as Golden Thread Bamboo. This year, there are also some planting Wuhuagu and Pure Yuan Bean, which they usually cultivate with magic power.

What is the purpose of all production activities in this world? If the answer is to satisfy people's spiritual and material needs, then this is one of many ways.

If you think it is to satisfy a certain group or a certain type of people’s never-ending urge for capital appreciation, then you probably don’t want to see this situation, at least you won’t take the initiative to create such conditions for them.”

Ma Taishan muttered: "I like to grow vegetables wherever I go. It's a habit of small farmers."

Feng Zibin was not angry, he just smiled and said: "I have an elder who has a serious idea of ​​natural adaptive small farmers, and I am deeply influenced by him."

Cui Wanhe: "In the Jingchenluo Array, even a radish planted will be delicious."

Ketia: "It sounds like I'm very yearning for it."

Rothchild: "Don't you have a large garden in Laken?"

Ma Taishan stubbornly brought the topic back: "Let's not talk about growing vegetables. According to what Ms. Cui just said, Mr. Lord's words are also full of contradictions.

You have everything Huan Xiang Te Bang has, so is it unfair to others? If you are successful, your efforts to love others are useless, because no matter how hard they try, they cannot become another you."

Feng Zibin nodded and said: "You are absolutely right! I have admitted from the beginning that this is the ultimate form of capital concentration, and I am a negative example.

When things develop to the extreme, they will become unsustainable and will lead to self-denial. You see contradictions, and all the contradictions are concentrated in me.

But I have never received a penny of dividends from Huanxiang Industrial. I have never done so before and will not do so in the future. All income and profits are used for Huanxiang Industrial and Huanxiang Tebang. This is also the opposite in another sense.

typical.

All my assets are actually publicly owned and shared by Huanxiang Industrial and Huanxiang Tebang. But there are all kinds of attacks and criticisms on public ownership in the world. I took a trick and don't have to defend it, because it is still privately owned.

.

If someone wants to criticize me personally, I will never take it privately. If someone wants to criticize the public ownership system, it is private, and it is the ultimate form of private ownership. It is strictly private in the legal sense.

So people should stop using the name of privatization to divide and misappropriate assets that are originally my private property. I am not only the de facto owner, but also the nominal symbol, showing the contradiction to the world."

Ketia was a little dumbfounded, but Rozchild whispered: "Brother, you are playing so well and having so much fun!"

Ma Taishan frowned and said: "Can I hear another meaning, which is that no one else is allowed to own personal assets in Tebang except you?"
To be continued...