Agree with you James, Adaptability and not putting all your eggs in one basket are theoretical strengths of both capitalism and democracy In this respect it is akin to Nature rolling the dice several times so as not to strike out.
But what do you see today in the financial world greater and greater pyramids being built all gearing up towards a bigger collapse if there is one, there seems no way to uncouple a chain reaction should one begin.
Contrast this to the 500,000 Indian villages, If one gets wiped out by famine, or flu or what ever the remaining 499,999 can still go on.
Not touting any particular system mind you, The current American system's main weakness may be its complexity (both financial and technological) and therefore the only danger is of collapsing under your own weight,
eg. not enough C programmers or neurosurgeons or building code supervisors or whatever.
As for Yiwu, It is not time yet for the Champagne, Americans could stop shopping at ToysRUs and spend the money on educational Software for a start. ie they, as the customer could take their shopping elsewhere.You break out the Champagne after the victory.
Regards,
Ramesh |
