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.

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

To: LindyBill who wrote (68954)	1/26/2003 4:03:00 PM
From: JohnM	Read Replies (1) \| Respond to of 281500

It sounds like Amy Chua is using the ethnic problems that arise out of Globalization to bad-mouth Free Markets. You are way out ahead of the argument, Bill. Her argument, she says, applies in countries with minority dominant ethnic groups in which what she calls "raw nineteenth century capitalism" is applied (she argues no developed country has that form now but that is the recommended, if not forced, form for development) and instant one person/one vote democracy (which she notes evolved in the democratic countries). She does not wish to offer an answer; only an analysis that says life is trickier than the formulas suggest. I would not put her in the anti-globalization crowd at all. Not in the pro either. At this point, she looks more like someone who says we need to examine the experience of the last several decades to see how to improve things.