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good2bhappy · 23-07-2008, 03:09 PM

How do you ET know the King's mind?

EmperorTud · 23-07-2008, 03:14 PM

Quote:

Originally Posted by good2bhappy

How do you ET know the King's mind?

I know his vision of localism for Thailand.

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

good2bhappy · 23-07-2008, 03:29 PM

Quote:

Originally Posted by EmperorTud

the King's vision of localism for Thailand and his desire to further limit foreign investment and influence in Thailand including foreign ownership of land.

Could you be a little more precise?

good2bhappy · 23-07-2008, 03:31 PM

Quote:

Originally Posted by EmperorTud

I know his vision of localism for Thailand.

Really?
Wish to inform us?

EmperorTud · 23-07-2008, 03:34 PM

Quote:

Originally Posted by good2bhappy

Could you be a little more precise?

Quote:

Originally Posted by good2bhappy

Really? Wish to inform us?

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

Google is your friend.

good2bhappy · 23-07-2008, 03:38 PM

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

EmperorTud · 23-07-2008, 03:44 PM

Quote:

Originally Posted by good2bhappy

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

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 · 23-07-2008, 03:46 PM

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

EmperorTud · 23-07-2008, 03:59 PM

Quote:

Originally Posted by good2bhappy

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

What quote?

You do know what localism is don't you?

good2bhappy · 23-07-2008, 04:02 PM

Philosophy of the "Sufficiency Economy"

"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 · 23-07-2008, 04:07 PM

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

EmperorTud · 23-07-2008, 04:10 PM

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 · 23-07-2008, 04:12 PM

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.

good2bhappy · 23-07-2008, 04:13 PM

Quote:

Originally Posted by EmperorTud

I know his vision of localism for Thailand.

Quote:

Originally Posted by EmperorTud

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

These are your own words.

good2bhappy · 23-07-2008, 04:14 PM

it should read "many occasions"

AntRobertson · 23-07-2008, 04:26 PM

Quote:

Originally Posted by 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.

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:

Quote:

There have been the efforts by military junta government to incorporate the King's 'Sufficiency Economy' (Localism) in the national economic policy. The criticism is directed towards the military junta government, i.e., to the practitioners not to the principle itself. The ineffective uses of the philosophy/principle are criticized as (a) The philosophy is not consistent with Thailand economic development, (b) nobody understands it and there are several unclear interpretations, (c) Other theories have historic academic ground

And of the article:

Quote:

Note
It should be noted here that the Asian Times's article "the King's 'Sufficiency Economy' (Localism)" is not the right quote and is led to be misunderstood. "Sufficiency Economy" calls for partial localism - a quarter - not the whole[citation needed]. In other words, "sufficiency economy" is meant to be "partial" localism. It is true that many parts of Thailand still enjoy capitalism. "Sufficiency Economy" calls on those to practice "some" localism particularly those in the rural areas.[citation needed] However, the oppositions see no different between "Sufficiency Economy" and "Self-sufficient economy", i.e., they are the same as Localism [5]. Kevin Hewison describes the self-sufficient political agenda in Thailand as Populist Localism.

23-07-2008, 04:07 PM	#51 (permalink)
EmperorTud Twisted Mentat Last Online: Today 12:53 AM Join Date: Oct 2007 Location: Minburi Posts: 2,599	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. "Ooh rhubarb, let's go!" She's still not been accounted for. RIP Phillis Triggs.

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23-07-2008, 03:09 PM	#41 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	How do you ET know the King's mind?

23-07-2008, 03:38 PM	#46 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	Are you saying that in The King's Sufficiency Economy Theory he specifically states "NO FOREIGN OWNERSHIP"?

23-07-2008, 03:46 PM	#48 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	^ sorry I googled it as you suggested but can't find that quote.

23-07-2008, 04:02 PM	#50 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	Philosophy of the "Sufficiency Economy" "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?

23-07-2008, 04:10 PM	#52 (permalink)
EmperorTud Twisted Mentat Last Online: Today 12:53 AM Join Date: Oct 2007 Location: Minburi Posts: 2,599	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

23-07-2008, 04:12 PM	#53 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	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.

23-07-2008, 04:14 PM	#55 (permalink)
good2bhappy Elite Member Last Online: Yesterday 09:35 PM Join Date: Feb 2008 Location: Klong Samwa Posts: 3,081	it should read "many occasions"

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