| Badassbab said: Numonex- Actually if you look at the countries with the highest standards of living (Scandinavian nations such as Norway) they have a low unemployment rate, high standards of education and public services such as healthcare, high worker wages and benefits and low inflation. All the major natural resource industries are state owned but it has a thriving private sector. The only downside is the high cost of living and high taxes but that's surely a decent trade off. |
The big advantage those countries have though is that they are tiny. The bigger you are the harder it is to administer "one size fits all" plans.
This is interestingly something the chinese have noticed and it's why they segregate through geography the rich areas and the poor areas and treat them differently.
Still... China has SO many issues to deal with... including how increased wealth will effect the people's will to let them be ruled.
When you look throught the world of things that had the potential to be "great" EVERYBODY remembers those who've made it... but few remember all those that didn't.
There is a LOT that can happen between now and 2050.
