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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who started this subject5/10/2002 7:57:55 AM
From: longnshort   of 13094
 
    Western triumph
     The West did not become rich and powerful through colonial oppression. It makes no sense to claim that the West grew rich and strong by conquering other countries and taking their stuff. How did the West manage to do that? In the late Middle Ages, say 1500, the West was by no means the world's most affluent or most powerful civilization.
     "Moreover, the West could not have reached its current stage of wealth and influence by stealing from other cultures, for the simple reason that there wasn't very much to take. [B]efore British rule, there were no rubber trees in Malaya, no cocoa trees in West Africa, no tea in India. The British brought the rubber tree to Malaya from South America. They brought tea to India from China. And they taught the Africans to grow cocoa, a crop the native people had never heard of.
     "The reason the West became so affluent and dominant in the modern era is that it invented three institutions: science, democracy and capitalism. All those institutions are based on universal impulses and aspirations, but those aspirations were given a unique expression in Western civilization."
     â€”Dinesh D'Souza, writing on "Two Cheers for Colonialism," in today's issue of the Chronicle of Higher Education
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