Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (3139)	4/21/2001 10:29:49 AM
From: robnhood	Read Replies (1) \| Respond to of 74559

<< the question is how does the USA deal with this enevitability? >> Nuke everybody else?

To: marginmike who wrote (3139)	4/21/2001 12:34:23 PM
From: carranza2	Read Replies (4) \| Respond to of 74559

The distinctions between the US and the other superpowers that did not survive their success lie in two separate yet complementary factors. First, the US has made it a policy to allow the best and brightest from the rest of the world to come to America to participate in its capitalist economy. Anyone with a good idea, drive, and energy can succeed here. Witness the number of Hindu, Chinese, and other "foreigners" [I doubt that the word has any real meaning any more] who are making a significant contribution. Secondly, there is no class system that artificially prevents the best and the brightest, whatever their origins, from succeeding here. The US is the closest thing to a meritocracy that the world has seen. Other structural barriers to doing well, though they certainly exist, are far lesser than anywhere else at any time in history. Real opportunity is a reality here, which is why the world's best and brightest want to be in the US. So long as there are no artificial barriers to making a success of one's life, and there are no competitors that can successfully adopt the US social/economic model, it will be a magnet for the world and will continue to be a superpower.

To: marginmike who wrote (3139)	4/21/2001 12:37:28 PM
From: tradermike_1999	Read Replies (2) \| Respond to of 74559

I posted to this effect a few weeks back. Being a child of late 80's early 90's education I was reared with the HEGEMONIC power theories". I think I read it in a book called 'balance of Power' by Kenendy. It's thesis is that there are always single or multi-poles of power. In the 1800's there were many hememonic forces. In the 1900's mainly 2(after 1945). In the 90's there was really only 1, the USA. In history this is a rare, and unsustainable situation. Rome did it for a whille, and Britain came damn close. However the fact is CHINA, Korea and the ASIAN blocks as well as the EC are re exerting themselves and will rise to be equall poles at some point threatening US power. It will happen in our life time. The question is how does the US deal with these forces economicly and militarily? Great Britain once controlled INDIA,Big parts of Africa,big parts of the middle East,parts of China, parts of North America as well. Now Great britain is just a few Islands. The Spanish were once the richest nation on the planet until the Spanish Armada was defeated by the british(forget the year 1698???). More importently the Spanish declined because the spent their wealth, sent their GOLD to forign countries for goods, thus depleting their wealth. This may be a good example of what fate the USA will one day sucomb to. History repeats itself, and eventially the USA will decline in influence and power, the question is how does the USA deal with this enevitability? There is another thesis - which is promoted by free traders. Check the book The End of History by Francis Fukuyama(sp?). He was on Papa George Bush's National Security Team. Thesis goes that the economy is undergoing a transformation from a national market based system to a one world nexus of international trade and capital markets which will render national boundaries meaningless. They believe this free trade network will expand into every facet of life and eliminate religious and political conflicts as people get rid of the baggage of individualism and parachioalism and embrace the market nexus. Rivarlies between nations will gradually disappear.