The Sun Never Sets In Spain

In this era, the number of state-owned enterprises is very small, and most of them are privately operated and government-owned enterprises, and the government generally does not hold a controlling stake.

Like the Suez Canal Company in France, the shares are scattered among many retail investors, but they are managed by the government because of its strategic position.

Not to mention Spain, the number of companies that the government has invested in is very few, and there is no way to talk about companies run by the state.

So when Alfonso and Campos talked about it, he seemed surprised. In his opinion, doing business is a personal matter. The government only needs to do the government's business. How can he end up personally?

"That's not good, then, are the employees of...state-owned enterprises...is government employees or workers? The wages of government employees are generally much higher than those of workers." Campos hesitated.

"Naturally it is workers, and workers' wages can be set to slightly below the average level." Alfonso took it for granted.

"This..." Campos couldn't understand even more: "The same working for the government, the salary is so low, can they accept it?"

"The sense of security and stability can be converted into money, and the value is not low, and workers will definitely accept it.

Also, since you mentioned government employees, I'll just say that their wages will also be drastically reduced, and their salaries are decent and high. How can there be such a good thing, but don't rush them for the time being. "

Alfonso replied confidently. It was time-tested to ensure that people rushed to it.

Seeing that Campos still didn’t quite understand it, he continued to explain: “There are two reasons for establishing a state-owned enterprise. The main money is earned by related households and government officials.

The second is to properly regulate people's livelihood enterprises, as Spain has mountainous terrain and inconvenient transportation, which considerably restricts our development.

However, because of the high cost, the railway company felt that it was not cost-effective to repair the railway. As a result, the inland has never been able to use the train.

If the government personally ends, we can build railways in places that do not make money. Although the railways will not make money back in a short period of time, the government can recover them from other places. "

After Alfonso's explanation, Campos finally became clear, and the more he thought about it, the more he felt that this thing was necessary.

In fact, the European powers have now blurred the initial concept of state-owned enterprises. By the eve of World War I, about 5% to 20% of the industrial production share of major countries was created by state-owned enterprises.

State-owned enterprises are a good policy, especially when Alfonso decides to put most of the industries that make a profit without losing money to the government. That is really to lie down and make money.

Collecting high taxes on companies can make you happy if you take away all the profits.

Not only can it increase government revenue, it can also make people poor, reduce the number of vampire capitalists, and force them to invest in industries with unknown returns.

Campos rushed to do it, even if there is no ready-made reform plan to copy, but in terms of which industries should be nationalized, Alfonso suggested that he refer to the layout of the monarchy.

In terms of making money lying down, the European royal family has a wealth of experience, and now at most it has changed the subject.

...

After Campos returned, he immediately took this matter as his first priority.

He counted the profit-making industry in Spain, which is purely resource-based, and finally chose to establish five types of wholly government-owned enterprises, and no longer issued operating licenses to private individuals, and those that have already been issued must be recovered.

The five categories are timber, coal, metal mines, transportation (road and railway), and salt.

Spain has 8.8 billion tons of coal, 1.9 billion tons of iron, 500 million tons of pyrite, 4 million tons of copper, and 1.9 million tons of zinc. There are countless woods in the mountains and plains, which can be said to be rich in resources.

As for transportation, although most of the current railways are privately constructed, it is only the top powers such as Britain, France, and the United States, or rich countries such as the Netherlands. Up.

Spain doesn't want foreign capital to control the railways, so it can only wipe them out, and the government like Tsarist Russia will end in person.

However, after Alfonso heard about Campos’ report, he added an electric power industry to it. It is still an empty shell, but soon it won’t be.

Subsequently, in the ironmaking, medical, military, chemical, grain and oil, banking, machinery, and construction industries, the policies of wholly government-owned enterprises as the mainstay, and holdings, shareholdings, and private enterprises as supplementary policies were adopted.

Spain will set up a large number of state-owned enterprises in these industries, but still allow a considerable number of private companies to compete with them. After all, these industries are technology-driven, and completely let state-owned enterprises play by themselves will soon be abandoned.

Alfonso deliberately added a real estate industry to it. This is the ruthless money printing machine. Unfortunately, Spain's population is too small, and immigration is also convenient in this era. He dare not act rashly for the time being.

Campos's plan is only a preliminary draft, and many industry governments do not have a factory in their hands.

It is foreseeable that the next will be caught in a long negotiation with entrepreneurs, and the completion of the reform will be a long, long time later.

The Spanish government is happy to see it happen. They don't have much money at all, and they are not in a hurry. They have to eat one bite at a time.

At present, the most important thing is to manage the previously confiscated industries. The most important of these industries are large and small mines, plantations, farms, and fishing grounds.

It is this type of capitalist who eats resources, policies, people, and relationships, and likes to participate in political games the most, and it is of course that they are the ones who suffer the sword.

Among the great powers of later generations, the shares of a state-owned enterprise are linked to multiple units and then managed by the SASAC. However, Spain has had too many recent events, so I don’t know how long it will take to split it up.

Just one size fits all, all linked to the newly established Spanish National Assets Department, this department instantly became one of Spain's largest departments.

The establishment of such a department can be said to involve the reform of the state system, and of course it has attracted domestic and foreign attention.

Spanish businessmen were very upset, thinking that the government was robbing them for food, but few people dared to speak up.

After the previous round of punishment, the merchants realized that they were the losers. Now the government that controls the army and public opinion has the final say.

It was just when the new official took office that the three fires, all those who dared to show up died.

Alfonso is most worried about free countries such as the United Kingdom, for fear that they think Spain is not free and reduce capital inflows.

But Britain, France and other countries knew this but didn't care. They didn't expect Spain's political system to change quietly.

They all waited to see the jokes, and they all felt that the government had to take care of even enterprises, and the Spanish economy would soon become a stagnant pool.