3 Golden Nuggets a day - on Unfair Trade Advantages, Socialism and Communist Regimes
Introduction on the 3 subjects of today:
Unfair Trade Advantages - China's matrix of economic restrains
Socialism - How it affects private motivation
Communist Regimes - The medium for frustrated individuals to impede economical progress of peers
- Classic Read
Resource:
Peter Navarro - How Trump Will Win Against China on Trade
Transcript:
https://www.hudson.org/research/14437-full-transcript-white-house-national-trade-council-director-peter-navarro-on-chinese-economic-aggression
Note: if anyone has the matrix could you share the link to it in a comment, thank you
My one golden nugget:
- create monopolies within the local area before going global
- the structural economic of China works only in their advantage as their matrix of solutions limits outside expansion
- How To's:
Resource:
The Hard Truth About Socialism
My one golden nugget:
- Capitalism is the answer to keeping productive wealthy people productive whilst centralized control (in socialism) retires productive people gradually
- Biography:
Resource:
Unfolding Communism
My one golden nugget:
Argentina and Cuba were doing very well when Fidel Castro and Che Guevara were in power.
Fidel did expert management in Cuba with the goal of centralized control and anti-capitalist movement.
Che created a system that dictated everything to the people:
- what to eat
- where to travel
- what music to listen (interdicted rock music)
90% of the *it is IGNORANCE!
The biggest farse of all is that Castro and Che stood up to Big Sam (USA) .
Che and Castro had no support from blacks during their rise to power, neither did they support blacks or women during their rule. However, blacks were a big part of the resistance against their regimes.
These people could not get ahead in capitalism, so wanted to control other people. They were resentful people. People were restricting the chances to get ahead!
Reading Lists
There are books that I reread regularly, but at the moment I read new books in trying to identify the best books to reread while trying to push my learning boundaries. So far I got to organise my future reading in 6 lists, main readings for each time of the day:
- morning: classics (my definition of classics, must say)
- lunch break: how to's (programming or managerial mostly)
- evening: biographies
and 3 lists of books that look interesting but haven't got enough information for them:
For people who just wanted to know how to choose what to read by Tai Lopez' talked of principles.
Do you have a book or resource that would like to see what nuggets I can get out from for you ?