We are all reborn, who wants to be the richest man?
Chapter 124 Cooperation and Planning
Some people say that South Korea is the South of chaebols. This statement is not correct at all.
Since democratization, chaebols have indeed had a certain influence on South Korea's political governance, but it is simply impossible to control the country's operations.
The equity model of most South Korean chaebol companies is very decentralized. The chaebol family that controls operating rights generally only controls about 15% of the equity.
Foreign capital holds about 25% of the equity, and retail investors in the capital market are similar to foreign capital, which is basically the same proportion.
However, the shares of these two forces are too dispersed to check and balance the chaebol family, and they do not have much say at all.
The remaining shares are controlled by the National Pension Service, which is controlled by the government. It controls about 30% of the equity, so the government is the biggest threat to the chaebol family.
However, the government generally does not interfere in corporate affairs, so the chaebol family is able to use 15% of the shares to control the operations of the entire consortium, and it will appear that they are the masters of South Korea.
This is why the National Pension Service can oust Cho Yang-ho, the founder of Hanjin Chaebol, from the chairmanship.
How about Xiaoxing for supporting Xiaopu? Mr. Li came in and out of the court seven times.
Although Samsung uses various equity structures to allow them to control Samsung with a very small shareholding, the National Pension Service is included in the holding companies at each level.
You can also understand that this is the result of internal companies joining together to prevent the control of domestic companies from being controlled by foreign capital.
Therefore, the South Korean government is the real boss behind the chaebol.
Luo Nianzhong's purpose is to replace the National Pension Service and control South Korea's chaebol from behind.
This matter is still related to the beautiful country.
After all, South Korea is now a country supported by the beautiful country. The previous Lao Park has been in power for too long, and it is inevitable that he will develop the habit of being arrogant.
When he was there, he continuously offended the boss of the beautiful National University.
Beautiful country, what kind of business is this? Little brother, you are going to revolt, so you plan to support others.
Luo Nianzhong got the news and felt that this was an opportunity to control South Korea's economy, so he contacted the old cowboy and others and expressed his willingness to provide funds to help them.
The current economic situation is not good, and the beautiful country has no money, so the two parties hit it off.
After the incident is completed, Meimeiguo gets an obedient little brother, Luo Nianzhong gets the support of Meimeiguo to enter the South Korean business world, and the old cowboy faction can get political chips.
Then why is it said that this is an opportunity to control the South Korean consortium? This starts with how the consortium appeared in South Korea.
South Korea's per capita income is only US$79, which is basically the level of Africa. It can be said that it is extremely poor.
Let alone a family wearing one pair of pants, it is normal for a family to have no pants.
Park Chung-hee thought, how can South Korea make money? Domestic companies are all small businesses and have no market competitiveness at all internationally.
After thinking about it over and over, he came up with a move, which was to pool resources and set up a few big companies to participate in international competition and earn some foreign exchange.
So he organized some relatively large enterprises at the time, or businessmen with some money in their hands.
After gathering them, they were asked to join forces and form a larger company to represent South Korea in international trade.
This group of people became the five largest chaebols, Samsung, Hyundai, SK, LG and Lotte.
These people have chosen the right industry. They are engaged in processing supplied materials, which is an industry with no technical content and low investment.
However, no matter how little industrial investment is, investment is still needed. Without money, you can’t even get raw materials.
Park Chung-hee thought of another way, which was to encourage people to save money and lend all their money to these companies for development.
In this way, these companies developed into domestic giants, but they were still far behind the chaebols of later generations.
Although the company is large, its profits are not much, and some even lose money.
These large companies want to put their development on hold and stabilize their internal affairs first.
But Park Chung-hee doesn't care about this, even if he doesn't want money, he just wants to lend you money.
When these companies looked at it, it was not a problem to leave the money like this. The funds in their hands would depreciate over time.
So they used the funds in their hands to madly acquire industries from all walks of life, and eventually became a large chaebol covering most of South Korea's industries.
Next, our protagonist, Quan Douhuan, who is supported by Luo Nianzhong, appears.
During his tenure, South Korea's economy was the fastest growing.
But he is indeed the most hated president by South Koreans. Like Qin Hui, he even has a kneeling statue to let South Koreans vent.
After he came to power, his attitude towards South Korea's chaebols was even worse.
For example, during the Park Chung-hee era, South Korea still had state-owned enterprises.
But during the Chun Dou-hwan era, he didn’t even want state-owned enterprises and directly privatized them all.
He sold all the industries related to the country's lifeline, such as the steel industry, shipbuilding industry, oil refining industry, etc., through conversion funds, and he also enriched his own pockets.
It's not that he likes such plutocrats so much and wants them to grow.
But for him, what belongs to the chaebol is his own.
When he was the big boss, the chaebol had to donate money to him in various names every year. If it was not enough, he would ask them directly.
If he is dissatisfied and sees that the chaebol is unhappy, he will send people to put all the chaebol's family members in jail. If they don't cooperate, they will go to jail.
Therefore, the South Korean chaebols during this period were just humble ants in Quan Douhuan's eyes, and they could do whatever they were told.
For such a person, why was South Korea's economy the best when he was in office?
Because this person knows what his shortcomings are.
He is a soldier and doesn't know much about economics.
So he called in South Korean economic experts at the time and said that from today on, you will be the economic president of South Korea. Whatever you say will be done and it will be done.
And when he was in office, South Korea's economy was very forward-looking.
For example, during the Park Chung-hee era, South Korean companies were engaged in processing of supplied materials.
But he wanted to prove that he was better than his predecessor, so he formulated a policy to concentrate South Korea's technological strength and regard the technology industry as a general development direction of South Korea's economy in the future.
So he personally presided over the meeting, called all the big chaebols in South Korea, and told them.
In the future, South Korea will take a high-tech path, and the processing industries of supplied materials will no longer be developed. In the future, the focus of the economy will be on the electronic industry, semiconductors, computer technology, energy technology, and materials science.
How dare South Korea's consortiums refute it? Even if they make money by processing supplied materials, they will abandon it all and start spending heavily on high-tech development.
It was also the accumulation of technology during this period that led to the emergence of later technology giants such as Samsung and LG.
In order to make his own economics successful, it can be said that unlimited subsidies were provided to these chaebols during the Chun Doo-hwan period, which led to the situation where people later felt that the chaebols controlled South Korea.
Because the funds are really too huge, it’s not an option to let them go.
Such a president who has made the country's economy develop rapidly is the most despised by the people of South Korea.
During his reign, the people of South Korea had no medical insurance or social security, and were basically left to fend for themselves.
And South Korea's industries are all controlled by major chaebols, making it impossible for ordinary people to do business.
And if these chaebols want to develop high technology, they can't point to a group of textile workers, right? In addition, the factories that processed supplied materials were disbanded, leaving a large number of unemployed workers.
These workers would make trouble if they couldn't survive, but Quan Douhuan was a soldier and was not afraid of this at all, and suppressed them with blood.
The public dissatisfaction was getting bigger and bigger. The beautiful country was afraid that people would revolt and fall to the Red Empire, so it felt that Quan Douhuan was not good enough, so he also replaced him.
Luo Nianzhong wanted to rely on Quan Douhuan's rise to take over South Korea's state-owned enterprises and invest in and control one or several South Korean chaebols.
After the democratization of South Korea, completely control the South Korean economy.
Quan Douhuan knew how he came to power, and he listened to Meimeiguo's words very much, otherwise he would not have abdicated directly because of Meimeiguo's dissatisfaction.
Today's beautiful country looks down on South Korea's processing industry and does not pay attention to South Korea's industry.
There is basically no problem in using Luo Nianzhong's financial support in this matter in exchange for them speaking for Luo Nianzhong on this matter.
Moreover, the general election in the beautiful country has begun. Don’t forget about the actor candidate. Luo Nianzhong is the biggest financial backer behind it.
Delete more than 200 words of mine, damn it
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