Page 101 - ESSAYBCTO ENG 6nd

‘ Broken Capitalism ’

Davos Forum broken capitalism State and large SBS The Last sharing and
corporations Empire sharing

Network War / Economic War

State and large corporations

The economic war created a merit-oriented society, which deepened polarization .

The country and large corporations are taking the lead in creating a society centered on

merit , while ordinary people without expertise are increasingly struggling with the prob
lem of polarization . Countries and large corporations use their power and financial powe
r to strengthen regulations , use their superior financial power to dominate the market ,

and try to enrich only their own countries and companies through network wars and ec
onomic wars . The United States, the world 's G1 , and China, the G2 , have been engag
ed in a trade war for a long time , and now they are taking revenge one step further . In

the world, more and more countries and large corporations are trying to protect their o
wn interests , and as a result, the global economy is becoming more and more rigid .

The state should never jump directly into the market economy ; rather, it should create

an environment in which free market economic activities can take place. However, the t
rend these days is that countries around the world are jumping into the market econom
y directly or indirectly . As long as the state jumps in and large corporations cooperate li

ke this, economic difficulties will never end, and the state and companies will not be able
to avoid criticism . That is definitely not desirable . Rather than strengthening regulation
s, the government should create an environment for free commerce , and large corporat

ions should strengthen friendly cooperation so that they can grow together rather than t
rying to absorb and integrate small and medium-sized companies . This is the duty of la
rge corporations and the state . It is truly foolish to increase the number of public official

s or public enterprises . It is also foolish for large corporations to increase their business
like an octopus . The state should not participate directly in the market , and large corpo QR
rations should invest through selective attention .

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