Economics SIX o TO

Dear Mouse,
Isa sa mga mabuting paraan para maiwasan ang maagang Alzheimer's ay e-exercise ang utak araw-araw.

Si XP ay hindi lang pinaexercise ang aking utak, pinagTaebo, pilate at pinagbriskwalking pa.Pinabasa niya ang usapan ng aking "paboritong" columnista at isang magaling na ekonomista, si Sixto Roxas.

Ani Roxas:

Enough of this business of luring foreign investments and restoring (foreign) investor confidence.

Cat: I agree 110 per cent as long as we do not sound like we are sourgraping because most of the foreign investors are joining the exodus to China. It is the politics s…

Ani Roxas:

No country in history has yet developed through foreign investments, not anywhere, not in the past, not in the present. All the developed countries today have developed from native ingenuity and boldness.

Cat: I still have to check the history of Singapore, It is a country that has no natural resources, with its strategic location as its only competitive advantage. Prime Minster Lee Kuan Yew practically “begged” the foreign companies to invest in Singapore. When HK residents were looking for countries where they can move when Mainland China takes over HK,Singapore granted them citizenship for a minimum of one million Singaporean dollar- investments.

Ani XP: If it were more doable and not too idealistic, that is.

Here is Roxas’ model as explained by Bishop Labayen:

It is not just that it redefines development from the perspective of the community rather than the investors, it redefines development as the handiwork of people rather than of capital. It sees the people as the makers of development. It transforms them from mere labor, to be hired as needed, to entrepreneurs, to create as is their birthright. It makes entrepreneurship a collective rather than an individual initiative, one that benefits the community in general in wellbeing rather than the investor in particular in profit.

Cat: Why do I have a feeling that it is just a stale bagel that is dipped in a melted butter and sugar and presented as a new doughnut.

After China’s failure of improving the economy of the most populous nation of the Earth by killing the feudal lords and distributing the thousands of lands to farmers, they changed to collectivization to counter the effects of the so-called inefficiency of small-scale ownership and the capitalistic propensities of small individual owners.

The collectivization or what they called mutual –aid teams pool tables-labor and land where members merely held “shares” in proportion to the values which they brought to the CORPORATIVE. Large-scale mechanization , producers’ cooperatives and the plentiful country’s manpower—the coolies and the “ reformed” laborers increased output but not enough to solve the shortage of food and famine.

So they invited foreign investors. They have no more virgin lands to cultivate. In Economics, there is such as a principle as law of diminishing returns. Theirs, is a law of no more returns . The construction of dam that will prevent the inundation of several villages of Yangtze River destroyed acres of arable lands and thousands of factories.

Tapping the hydroelectric power of the Yangtze River cannot be done by the corporative. It is where the foreign intervention is no longer a supplement but a main course in order to make the country well and safe.

Ani Roxas

When the GNP is deemed to increase each time a community gets devastated by a storm or an earthquake because of the sudden frenetic activity in the area, characterized by the flow of goods and emergency employment. A loss in real life becomes a gain on paper.

CA t: To be more specific, I suggest that he uses GDP instead of GNP. Malaking diperensiya. Yong isa N, yong isa D. DI ba magkaiba?

Yong N National,kasama pati yong padala ng mga “sellouts”. Ang sabi niya mga emergency employment lang daw dahil sa calamidad. Di dapat DOMESTIC lang (GDP).Sabi ng propesor ko yan na apostoles ni Bernardo Villegas.

Ani Roxas;

The wisdom of a community-based and people-centered development is not unproven.

Cat:Explain then in not more than 100 words why China is back to capitalism although they do not admit the truth.

Ani Quiroz:

I heard English is going to be prescribed as the national language, or at least as the medium of instruction in schools, because that is presumably the only way we can communicate with tourists, multinational executives, and potential employers abroad. It distorts the whole concept of language altogether. A language is not something a people need to communicate with others, it is something they need to communicate with them.

Ca t : A country should have at least two languages; a foreign language that enables them to access several networks, and new opportunities in business, academia and culture while the native language help us learn and appreciate our history and cultural identity. During this time when school is virtually borderless, it is stupidity to adhere to the idea that speaking the native tongue is a virtue of nationalism.

The CA t