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

To: Elsewhere who wrote (98227)	5/14/2003 3:16:49 AM
From: D. Long	Read Replies (1) \| Respond to of 281500

The difference is Europe's population is projected to decline over the next 50 years, quite sharply. The dream of having a market in parity with the United States won't happen. The size of the EU market will shrink to a projected 200 million, while the US is projected to grow - to half a billion Americans by the midpoint of the century. China will be the grand market to compete with the US, IMHO, not Europe. Derek

To: Elsewhere who wrote (98227)	5/14/2003 4:54:54 PM
From: frankw1900	Read Replies (2) \| Respond to of 281500

Hello Jochen, The IHT and Blog pieces, when the extraneous stuff is peeled away seem concerned with Europe's possible drift from modernity. And the Spengler piece, as well, if I read him right in his ultimate stage of Romanticism (nostalgic position) as rejection of modernity - which certainly happened just prior to WW2. I've wondered about this also the last years. It seems, in the time since WW2 European governments have come gradually to intrude more and more into citizens' lives. It seems to me modern societies should not let governments do this. The blogger brings up the matter of governments inhibiting 'competition' which is an imprecise way of saying free markets have less domain in determining value and managed markets and prices have greater domain. Economic development is slowed as a consequence. It does seem the case that increasingly life in Europe is being regulated by legislative fiat than by cooperation of individuals. That is, rule is coming down from above, with gradually accompanying stasis the result.