Blackstone Code
Chapter 1157

Burning Out the Last of His Usefulness

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Mr. Patu did not quite understand what Lin Qi had said to him, but he did not ask.

His pride and dignity would not allow him to say the words "I don't understand" and then beg someone else to give him an answer. He was not that kind of person.

In fact, the "future" Lin Qi had spoken of was the capitalist development trend of deindustrialization.

This was also an inevitable trend in the development of capitalist countries!

Nagaril's integration into the Federation's ecological environment had actually accelerated this process, causing deindustrialization that should have appeared decades later, or at least more than a decade later, to emerge ahead of time within the Federation's environment.

What was deindustrialization?

This question was both simple and somewhat complicated. Put simply, it meant that capital sought greater profits by cutting all kinds of costs.

Labor, land, basic resources, and transportation had always been the greatest costs of industry. In the past, the people of the Federation might not have had many choices, so deindustrialization had always remained at zero.

It was quietly waiting for the day when the time was right to break through the soil and grow.

After Nagaril came under the control of the United Development Company, the local cheap labor, low land-use fees, cheaper methods of handling wastewater emissions, and nearly free basic resources made it possible.

Some factories had already moved from the Federation to Nagaril and begun construction there. By doing so, capitalists could save a great deal of money, and this trend was gradually spreading from a minority to the majority.

If one did not consider deeper causes and other factors, then this was "deindustrialization."

Deindustrialization was an expression of capital's pursuit of profit. Every advance in a capitalist society answered the demand to seek greater profits!

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