What Mr. Lin Qi said to the Diplomat over breakfast was compiled into a document and passed on to Your Majesty the Emperor and the many ministers.
Your Majesty the Emperor read through the contents and fell into deep thought.
In fact, Mr. Lin Qi was absolutely right.
As Peng Joe's largest "entrepreneur," the imperial family controlled approximately thirty percent of the empire's key industries.
This included research institutions like the Royal Academy of Sciences, which were also imperial enterprises.
The manufacturers of fighter jets and Sea Fortresses, for example, all had the label "Royal" attached to their names.
Even nearly all military-industrial enterprises were controlled by the imperial family and the nobility!
The imperial family and the nobles believed that if private capital were allowed to enter the military-industrial sector, it would create tremendous instability in society.
Throughout history, Peng Joe had conquered multiple civilizations. Yet instead of completely eradicating them, it had preserved them in an extremely humiliating fashion.
Some of them had even become part of the Privileged Class and were constantly striving to join the nobility! If these people—these once-conquered peoples—could easily obtain all kinds of weapons, the empire's rule would be thrown into turmoil!
Moreover, Peng Joe had a huge population, a vast territory, and complicated terrain. Giving these people no opportunities at all was the correct decision! This had also led to the repeated occurrence of Peng Joe's military equipment clearly lagging behind that of the Federals during wartime. Whether warships, aircraft, or tanks, they were always chasing the Federals' tails! At the same time, all of this was a crucial factor that could determine the direction of a war. If they reformed those industries—if they reformed the entire sector—they might achieve the results they wanted.
In that case, perhaps it was not impossible