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good2bhappy

How do you ET know the King's mind?

EmperorTud

I know his vision of localism for Thailand.

He's clearly expressed his views and wishes on many an occasion.

good2bhappy

Could you be a little more precise?

good2bhappy

Really?
Wish to inform us?

EmperorTud

Are you honestly trying to tell me you know nothing of the King's Sufficiency Economy policy?

Google is your friend.

good2bhappy

Are you saying that in The King's Sufficiency Economy Theory he specifically states "NO FOREIGN OWNERSHIP"?

EmperorTud

It is part of the big picture yes.

Foreign influence, holdings and investment are to be tightly monitored and even in some cases reduced and eradicated altogether.

Of course this is at complete odds with Thaksinomics but it has been demonstrated recently who really wears the trousers.

good2bhappy

^ sorry I googled it as you suggested but can't find that quote.

EmperorTud

What quote?

You do know what localism is don't you?

good2bhappy

"Sufficiency Economy" is a philosophy that stresses the middle path as the overriding principle for appropriate conduct by the populace at all levels. This applies to conduct at the level of the individual, families, and communities, as well as to the choice of a balanced development strategy for the nation so as to modernise in line with the forces of globalisation while shielding against inevitable shocks and excesses that arise. "Sufficiency" means moderation and due consideration in all modes of conduct, as well as the need for sufficient protection from internal and external shocks. To achieve this, the application of knowledge with prudence is essential. In particular, great care is needed in the utilisation of untested theories and methodologies for planning and implementation. At the same time, it is essential to strengthen the moral fibre of the nation, so that everyone, particularly public officials, theorists and businessmen, adheres first and foremost to the principles of honesty and integrity. In addition, a balanced approach combining patience, perseverance, diligence, wisdom and prudence is indispensable to cope appropriately with critical challenges arising from extensive and rapid socioeconomic, environmental, and cultural changes occurring as a result of globalisation. 1
1 The 1999 TDRI Year-end Conference Distribution Material


This is what I read could you help me by pointing me in the direction of your particular knowledge?

EmperorTud

Hmm, reading that nonsense above it is apparent why you don't know what the policy actually is!

The sufficiency economy policy is localism.

The philosophy has been made corporeal by Pridiyathorn Devakula, Minister of Finance, who proclaims he is the supporter of the King's self-sufficiency economy or Localism. The examples of his policies that follow the King's localism are: Limiting foreign companies investments that enormously reduce liquidity in Thai economy; regulation and investigation of foreigners' source of fund; and Capital controls that destroyed US$20 billion of market value in one day. As a consequence of capitol control and investigation over foreign investors, World Trade Organization (WTO) sent negative feedback to Thailand and doubts the ability of Thailand to continue to be the WTO member [3]. The prime minister Surayud Chulanont, who also proclaims the King's localism, has called for the former minister of commerce Somkid Jatusripitak, who are pro-capitalism, to the service of the country.

Localism in Thailand - Wikipedia, the free encyclopedia

__________________
Mortals you defy the Gods, I sentence you to travel among unknown stars, until you find the Kingdom of Hades, your bodies will stay as lifeless as stone.

EmperorTud

Another good article.

Shinawatra's legacy, Thailand's new military-appointed government is indeed leading the country in a fundamentally different economic direction. Foreign investors and the market-fundamentalist Western media have roundly blasted Bangkok's recent decisions to impose capital controls, limit foreign ownership for certain service-sector investments, and broadly implement King Bhumibol Adulyadej's untested "sufficiency economy" concept.

Thailand's new direction is partially a nationalistic reaction to that bitter experience, driven a decade later by traditional elites now represented in government. The prevailing confusion surrounding the sudden implementation of capital controls and anti-foreign amendments to the Foreign Business Act, followed by earnest assurances by senior officials that Thailand will continue to engage with the global economy, has purposefully obfuscated the government's inward-looking intentions.

Asia Times Online :: Southeast Asia news - Thailand's new economic logic

good2bhappy

But was that expressly stated by HRM himself? Or is that an interpretation?
The question is based on your statements regarding your knowledge of HRM's mind.

AntRobertson

That's the thing innit, this policy that he's linked directly to the King by virtue of his intimate knowledge. This is what he left off from his cut 'n pastes:

And of the article:

good2bhappy

These are your own words.

good2bhappy

it should read "many occasions"