Kasz216 said:
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.
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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.
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Not really because nearly all countries usually have regions within the country which take local responsibility. It's also down to cultural and ideological differences. The Scandinavian region has a highly developed democracy with high levels of peoples participation and much less susceptible to Corporate influences.
As for segregation of rich and poor areas in China....well port cities such as Shanghai will obviously be more wealthy than a city deep inland bordering the Thor desert. China has made it an official state policy to distribute the wealth much more evenly.
As for the issues China has to deal with, indeed they have huge internal issues of which the US has nothing comparable. Ethnic and religious unrest, huge poverty levels, a one party dictatorship, high corruption levels, human rights issues, significant territorial disputes etc.
The thing about China is they are making a lot of money on exports but essentially right now they are the manufacturing plant for the worlds most advanced (and not so advanced) corporations. So really all they are doing is exporting Western and East Asian (Japan, Taiwan, Singapore, South Korea) products. It's really quite misleading to call it 'Chinese' exports.The actual money made is shifting more and more to private capital and away from the global workforce as it has been doing for decades now and China opening up it's economy for cheap labour but with first rate infrastructure has helped to continue that trend.