The second factor of this round of stock market rise is the hundreds of trillions of wealth that suddenly surfaced in the market. A great feature of market-oriented reform is that everything has been given a price and turned into wealth that can be calculated by money, so that wealth is suddenly summoned from the ground like a curse as described in Marx's Manifesto of the Producers' Party. However, we should note that this sudden wealth is not an increase in material wealth created now. Instead, everything has obtained the market price, such as houses, land, factories and mines, highways, railways, universities, research institutions and so on. , are created in the past. There was no market price before the reform, so it was not wealth. Now the net of market-oriented reform has been spread all over the land of China, and the price is as pervasive as mercury, filling every corner of China. Everything is branded with the price, and everything instantly becomes wealth. It even includes personal dignity. For example, the wealth of more than one trillion dollars created by women's prostitution every year is the monetization of personal dignity, life and health, and the wealth of 18 trillion dollars created by the stock market is the monetization of people's psychological expectations. In a word, marketization puts all factors such as the past, present, future, existing potential and creative potential under the cloak of price, and wealth gushes out of the market like a fountain, which is reflected in the stock market, showing a sharp rise in asset prices, which will inevitably promote the stock market to skyrocket.
How much wealth has emerged in China at present? It can exceed hundreds of trillions in single calculation. According to the statistics of the first quarter, China's financial assets have reached 60 trillion, plus the operating assets of state-owned enterprises have exceeded 20 trillion, plus at least the same amount of 20 trillion non-operating assets, which is 100 trillion; The national housing market price of 65.438+0.64 billion square meters is about 50 trillion yuan, and the market price of 65.438+0.5 billion mu of land that has entered the market one after another is 50 trillion yuan. Together with the stock market of 654.38+08 trillion yuan, it will exceed 200 trillion yuan in a simple and rough calculation. This wealth of more than 200 trillion yuan was created by decades of hard work of the people of China since the founding of the People's Republic of China, not just since the reform and opening up. Even the part created since the reform and opening up was created by the working people and should be enjoyed by the working people. We now have a population of only 654.38+0.3 billion and a per capita income of 654.38+0.5 million yuan, which has enabled the whole people to enjoy the fruits of reform.
The third analysis of stock market rise: the transfer of world traditional industries to China
At the beginning of this century, under the influence of Chinese and foreign forces, the world's traditional industries quickly moved to China, and China is becoming the world's factory. The formation and development of the world factory has promoted the rapid growth of GDP and the continuous expansion of foreign trade, which will inevitably promote the rise of the stock market. Although it promoted the rise of the stock market, it was a tragic factor. At present, the world factories in China are completely different from those in Britain and Japan. At that time, the world factories in Britain and Japan were at two ends, using world resources to produce world goods. However, we overdraw the resources of future generations with our own resources, sacrificing the living and development environment to meet the consumption needs of the world, in fact, western developed countries, and provide them with cheap goods. 2 1 century, the development of human economy is more and more limited by resources, and countries all over the world, especially western developed countries, pay more and more attention to the environment for survival and development. In order to preserve the green mountains and green waters of their country, they moved their traditional industries to China and those manufacturing industries with high energy consumption and high pollution to China. In addition, China government, especially local governments' various preferential conditions for foreign investment, a large number of traditional industries poured into China, and foreign investment poured into China not only to make use of China's cheap resources, but also to leave pollution in China.
The whole world knows that China's labor force is cheap, but the western developed countries and China elite groups, which are famous for promoting human rights, never talk about the reason why China's labor force is cheap. In order to reduce the cost of capital operation, China Elite Group specially revised the Constitution, deleted workers' freedom rights such as the freedom to strike from the Constitution, and prohibited workers from establishing their own trade unions. Strikes and trade unions are two main means for workers to resist capital in peacetime. The deprivation of these two rights makes workers lose the ability to compete with capital and can only accept ultra-low labor prices, forming a rare ultra-low labor market in the world. According to Xinhua News Agency, the hourly wage of workers on the same automobile production line in the United States is $73, while that of workers in China is $0.83, which is only a little more than 1% of that of American workers. The wages of automobile workers are still relatively high, and the wages of female workers in foreign trade enterprises are even lower. According to a survey of Foxconn, a foreign-funded enterprise, conducted by Apple Inc. of the United States and the Financial Times of the United Kingdom, the female workers in this company work 15 hours a day, with a monthly salary of only $50, which is equivalent to $ 0. 1 1, which is equivalent to more than one thousandth of the hourly salary of American workers of $73. Anyone who is virtuous can't help crying when calculating these figures, but mainstream economists and reform elites who lead China's reform are cheering China's incomparable brilliance as the world's factory!
In fact, restoring the normal price of the labor force is very simple, that is, giving workers the freedom to strike and the right to establish trade unions freely. With the two weapons of strike and trade union, workers can negotiate wages with capitalists and form a real equivalent exchange in the labor market, so workers can hope to get normal wages. Freedom to strike is a political right that workers in capitalist countries obtained hundreds of years ago, but it is deprived in the reform of socialist countries today. There is no other reason than class revenge. Until today, the only explanation given by the elite group is that the abolition of the freedom to strike in the Constitution is to safeguard the interests of the working class, which is equivalent to saying that raping women is to make them happy. If all this didn't happen in front of you, it is hard to believe that there are such shameless people and people in the world. China is a socialist country, and the reform should be socialist reform. It should be foreign bosses rather than domestic workers who need supervision and restraint. But now capitalist entrepreneurs can set up any kind of organization, except workers who can't set up their own organizations. Why are all the capitals in the world willing to come to China? Because China has become the freest ideal paradise for capitalists.
The fourth analysis of the stock market rise: the reform of non-tradable shares
The share-trading reform since 2005 has an important relationship with the current stock market rise. The so-called share-trading reform means that all stocks are listed on the exchange. The shares of the same company in China can be divided into several types: first, the state shares converted from assets without actual state investment; The second is the legal person shares bought by the company for one yuan; Third, the state-owned shares of legal person shares will be sold to foreign investors according to their net assets around 2 yuan; Fourthly, China ordinary people buy public shares with 15 yuan. It is stipulated that the first three kinds of stocks cannot be listed and traded on the exchange, which is called non-tradable shares, and only public shares can be listed and traded on the exchange, which is called tradable shares. The reason why the price of public shares is more than ten times higher is because of the right to circulate shares bought by ordinary people at high prices. In 2005, the state suddenly decided that all stocks can be listed and traded on the exchange, and only 1 shares in 2 yuan and 15 yuan are traded at the same price, so people who buy stocks at high prices naturally suffer heavy losses, which is completely an institutional robbery. The reason is that through the privatization reform of enterprises in recent years, more and more state-owned legal person shares have fallen into the hands of privileged capital and foreign capital, and the estimated number is as high as hundreds of billions of shares. Shares falling into the hands of privileged capital can only be cashed out at a high price if they are circulated. Since the reform of non-tradable shares in 2005, more than 200 billion shares have been cashed in, and the cash-out funds have exceeded 2 trillion yuan. This year, we will cash out10 billion shares as planned. According to the current average share price of 16 yuan, cash-out will reach 1.6 trillion, that is to say, only a few people cash out of the stock market every year, eating up more than half of GDP growth. To paraphrase the common people, it is "difficult to get rich!" .
The reform of non-tradable shares has promoted the stock price to rise from three aspects. First, after the split share structure reform, all the shares have entered the circulation, which has created an entry mechanism and an exit mechanism for enterprises through secondary market mergers and acquisitions, which will inevitably promote the stock price to rise. Second, hundreds of billions of state-owned shares and legal person shares that have fallen into the hands of privileged capital through privatization reform, that is, non-tradable shares, will be cashed out at high prices after entering circulation. They often use their power to boost their stock prices with bank funds, enterprise funds and various state funds, and then cash out after the stock price rises to obtain the greatest possible benefits. Thirdly, after the split share structure reform, all stocks are in circulation, which creates conditions for foreign investors to sit on the China stock market. Unlike China bookmakers who manipulate stock prices by "packaging" companies' false financial statements, foreign investors often push up stock prices by "packaging" companies, or control listed companies from the secondary market and sell them at high prices after re-integration, or buy unlisted companies and sell them in the market after integration. Either way, a fully-circulated stock market is needed. At present, world-famous financial giants and super financial carriers are sneaking into the China stock market in an orderly way, which will inevitably set off a huge market wave and push the China stock market to skyrocket.