Chapter 208: The Officials Do Have Something in Their Stomachs
Zhao Si continued to speak.
"Of course, it cannot be said that buying land cannot create value. Five hundred thousand yuan can buy tens of thousands of acres of fertile land, hire thousands of tenants, and produce a large amount of food. But most of the wealth created goes to the landlords' families.
Pocket. Can the social wealth it creates be worth that of a cotton mill?"
"Of course it's not as good as the cotton farmers supported by the cotton mills, which are almost as many as the tenants employed by the landlords, as well as the workers employed by the several machine factories and the workers employed by the cotton mills... This is what I and
The reason why the imperial court strongly encourages capital investment."
"The impact of capital has another characteristic that may not be noticed by everyone. Let me ask a question first. The students here must have studied "Introduction to Advanced Mathematics"."
The students present were very excited by what Zhao Si said just now. They were all very active. When they heard the question, they all replied in unison: "You have learned!"
In the education system of the Song Dynasty, primary school students learned "Elementary Mathematics", middle schools learned "Intermediate Mathematics", and universities naturally learned "Advanced Mathematics".
It's just that at Sungkyun University, which is a liberal arts university, you only need to study "Introduction to Advanced Mathematics", which is just one book.
Biyong University is a university that focuses on science and engineering, and you need to study the complete "Advanced Mathematics", two volumes.
"Well, it means that you have a mathematical foundation and can understand the question I asked." Zhao Si began to ask the question.
"There are lotus flowers growing in a certain lake, which are very lush. The lotus leaves of these lotus flowers are densely packed, covering the water surface of the lake, and they grow very quickly, with more and more lotuses growing day by day. Today's lotus leaves cover the lake water surface to a greater extent than yesterday's
Double. And tomorrow, the number of lotus leaves will continue to increase, covering the lake surface twice as much as today. Do you understand the question?"
After waiting for a while, the students in the venue spoke out one after another.
"Guan Jia, we all understand."
"Okay, there are more and more lotus leaves growing day by day, and finally on the thirtieth day, that is, one month later, they completely cover the entire lake. So, when is the day when the lotus leaves cover exactly half of the lake's water surface?"
More than 20 students raised their hands at lightning speed. The rest of the students reacted a little slowly and raised their hands one after another. The entire venue looked like a rice field where rice seedlings had just been planted.
Zhao Si smiled and randomly selected one of the students who raised their hands.
"Guan Jia, it should be the fifteenth day, which is half a month." The student who stood up immediately replied.
"Are you sure it's correct?" Zhao Si asked.
"That's correct!" the student replied confidently.
"Okay, sit down. You look very confident. It's exactly the fifteenth day to cover half of the lake's surface. Because it takes thirty days to cover the entire lake's surface. Half of it is exactly fifteen days. It's very reasonable."
Many people at the venue nodded.
"I just need to tell you that your math is really in vain! You haven't learned any logical ability at all, and it's completely covered up by the superficial illusion. This answer is wrong!"
The students at the venue were full of surprise. Did they get the answer wrong? Where was the mistake?
However, some students were thoughtful, while others laughed and said nothing.
Zhao Si saw this and continued to ask: "Who wants to add?"
This chapter is not finished yet, click [next page] to continue reading--
【Shizu of the Song Dynasty】 【】
More than 20 people raised their hands, but not that many people followed suit. Only a dozen people hesitated for a while and then raised their hands.
"You," Zhao Si pointed at someone, "you were also the first one to raise your hand in the previous round. Tell me and everyone, what day should it be?"
"It should be the twenty-ninth day when I return to my official home."
"Haha, the answer is completely correct!" Zhao Si clapped his hands, and Cai You was the first to clap along as if he was electrocuted. Although he still doesn't understand why it is the twenty-ninth day, it does not affect him in the slightest.
The determination of the official pace.
Everyone also applauded.
After the venue quieted down, Zhao Si continued: "The question just now is called exponential in mathematics. In economics or statistics, it is also called compound interest growth. I will not expand on these knowledge here. I just use this question to tell
Everyone, capital has a huge advantage that everyone has not noticed, that is, the larger the scale, the more obvious the advantage. This is called the advantage of scale."
"In fact, capital plus technology will have the advantage of scale... This is why our government encourages capital while also developing technology. Having said so much, let's talk about the three foundations of developing capital, which are also the three pillars of capital theory.
characteristics.”
"The first is profit. Capital is invested in expanding reproduction and is used to make profits and then make profits. It is called capital. I have said this in detail before."
"The second is trust. Capital owners cannot directly operate it. For example, if someone invests in more than a dozen factories, trading companies and fleets, he cannot take care of them all and manage them all. So what should we do? Leave it to the manager.
Business. This requires trust.”
"I have made a summary of trust, which is to entrust one's property to the trustee and dispose of it according to the wishes of the trustor for the benefit of the beneficiaries and other specific purposes. Note that the trustor and the trustee are definitely not the same person.
The person and the beneficiary may not be the same person. For example, a father invests a sum of money in a trading company and then indicates that all the proceeds will be transferred to his son. Then the father is the principal and the son is the beneficiary."
"The third is a limited liability company. With a trust, the trustee runs the business. What if the trustee loses money? According to past practice, the trustee must spend all his money to make compensation. This is a big problem. Doing business is inherently risky.
, now you have to bear unlimited joint and several liability, who is willing and who dares to be a manager and be entrusted to run the business for others?"
"So a limited liability company must be adopted. All rights and responsibilities are limited to the company as a commercial subject. The entrusted managers do not have to bear unlimited joint and several liability. Even if the business fails or goes bankrupt, it will only be carried out within the scope of the limited liability company.
Liquidation.”
Seeing the astute students raising their hands at the venue, Zhao Si smiled, "It seems that many people have seen the problem. On the basis of a limited liability company, the trustee, that is, the operator, needs to bear corresponding legal responsibilities.
Favoritism, embezzlement, dereliction of duty, internal and external collusion, leaking business opportunities... These illegal behaviors must be punished by law. Fan Situ!"
Fan Zhixu immediately stood up, cupped his hands and replied, "I'm here!"
“The laws of our dynasty are divided into six parts: the Code of State Law, the Code of Criminal Law, the Code of Civil Law, the Code of Commercial Law, the Code of Criminal Procedure, and the Code of Civil Procedure. Fan Gong,
Please tell everyone, which laws have been newly enacted or revised the most in the past ten years?"
This chapter is not finished yet, click [next page] to continue reading--
【Shizu of the Song Dynasty】 【】
"Returning to the government, the most newly enacted and revised laws in the past ten years are the Civil Code and the Commercial Code."
"Yes, the law must adapt to the development of the times. We encourage capital investment and technological development in order to allow more capital to be invested, to allow technology to increase productivity, and to make our economy develop faster. To this end, we have formulated a trust system and improved
The commercial code such as limited liability companies has been adopted in order to adapt to the new era and new requirements..."
Yu Wenxuzhong handed over another note.
"Some people ask what the meaning of company is. I got this word, and it means 'public over selflessness'; 'everyone does his own thing, and everyone enjoys the benefits'."
Applause rang out again, echoing in the venue.
All the students had more or less admiration on their faces. Today they were impressed by Zhao Shi's eloquent and seemingly topicless lecture.
