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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (68890)	1/26/2003 3:44:28 PM
From: LindyBill	Read Replies (1) \| Respond to of 281500

Jews make up a similarly tiny proportion of Russia's population, but of the seven "oligarchs" who control virtually all of the country's business, six are Jewish. I read that, and I could hear the sound of the horses' hoofs! This book points to the same subject I just covered, and adds the "Ethnic" problem to it. Fortunately the seven oldest Democracies, as founded, and for a lot of years afterwards, were homogenous ethnically. The Swiss got around it with a Cantonment system, which has a lot to offer in these developing countries. Iraq will probably need a version of it. Lebanon sure does. It sounds like Amy Chua is using the ethnic problems that arise out of Globalization to bad-mouth Free Markets. But it also appears that she has no solution. That is because there isn't one. "Globalization" is not the problem, but the enrichment of the developing countries that it causes brings out existing hatred. That is because everyone does not make a buck at the same rate. And when the ones who do make the most money are an ethnic minority, watch out! The "Big Five" who ran California were local merchants who bet their capital on the Railroad. The Industrial Revolution usually enriched the small local merchants first. They were the ones with the Capital and the know how to take advantage of the change. The local Aristocracy usually lost their Capital investments because they did not have the know how. This caused tremendous envy, Socialism, and the passage of a lot of bad laws to try to stop it, but at least we did not get genocide out of it. The "Anti-globalization" crowd may quote this book in an attempt to sell their anti-Capitalistic viewpoint, but it won't work. What are they going to tell these developing countries? "Hey, you are not ready for Democracy yet, let a Socialist Elite run things for you!" Not a chance. "Globalization" is not a product that can be sold to or withheld from developing countries. It is a dynamic process that is impossible to stop. You can go to these countries and tell the Ethnic minority elite, "hey, if you keep this all to yourself, when the majority catches up you, they will trample you to death!" Good Luck. "Book Notes" today has Robert Coram, who wrote, "Boyd: The Fighter Pilot Who Changed the Art of War." Amy Chua will be on in three weeks. I urge everyone to get hooked on this show. Brian Lamb, who runs C-SPAN and is the interviewer, is the best interviewer in the Business on any subject, IMO. He really does his homework.