Is it all over for the India?
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Posted on: 01-06-12 14:27:22
Quote:
Originally posted by Fido
Only a fool can term China & India's economic growth as being a spurt .... Look around and let me know how many made in Canada or Made in the US proucts you see in the world's aisles as opposed to ' Made in China' or in terms of human exports ... You can't stop it ... they have the resource advantage .
US still is no.1 and might continue to be so ... but that cannot stop others to rise in front of it so as to be on a negotiating 'super power' platform ....
I agree that others will rise. This doesn't mean the U.S.A. will become a third world country, it will just have to get used to sharing power.
The resource advantage that China has is mainly cheap labour (and centralized power) and as a result of their cheap labour a lot of specialized manufacturing facilities have developed there. I definitely think China will be a superpower. However, I'd rather be in the position of the average American citizen rather than the average Chinese citizen and I don't think that will change in the near future.
http://roomfordebate.blogs.nytimes.com/2010/03/07/educated-and-fearing-the-future-in-china/
China's economy will surpass the U.S.'s because of the size of its population. More manufacturing is done in China for sure, but I'm not hopeful for a job at Foxconn personally (even if it isn't as bad as Mike Daisey made it sound!).
I understand that life for those with lots of money in emerging superpowers is great but that isn't the majority of the population. The new middle class in China want their children to have white-collar jobs, but that type of job isn't growing at the same rate as manufacturing. They are graduating a lot more people than they need for these types of positions.
We have a huge income divide here too, I'd just rather be on the bottom here than there. I'm not really sure how to compete with more populated and less regulated countries really. I understand why some people think we should reduce regulations in Canada and the U.S. but ultimately if industry can pollute more and treat workers worse, it doesn't seem that life for most people will be that good. On the other hand Europe seems to be failing.
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Quote:
Originally posted by Portia
Quote:
Originally posted by Fido
Only a fool can term China & India's economic growth as being a spurt .... Look around and let me know how many made in Canada or Made in the US proucts you see in the world's aisles as opposed to ' Made in China' or in terms of human exports ... You can't stop it ... they have the resource advantage .
US still is no.1 and might continue to be so ... but that cannot stop others to rise in front of it so as to be on a negotiating 'super power' platform ....
I agree that others will rise. This doesn't mean the U.S.A. will become a third world country, it will just have to get used to sharing power.
The resource advantage that China has is mainly cheap labour (and centralized power) and as a result of their cheap labour a lot of specialized manufacturing facilities have developed there. I definitely think China will be a superpower. However, I'd rather be in the position of the average American citizen rather than the average Chinese citizen and I don't think that will change in the near future.
http://roomfordebate.blogs.nytimes.com/2010/03/07/educated-and-fearing-the-future-in-china/
China's economy will surpass the U.S.'s because of the size of its population. More manufacturing is done in China for sure, but I'm not hopeful for a job at Foxconn personally (even if it isn't as bad as Mike Daisey made it sound!).
I understand that life for those with lots of money in emerging superpowers is great but that isn't the majority of the population. The new middle class in China want their children to have white-collar jobs, but that type of job isn't growing at the same rate as manufacturing. They are graduating a lot more people than they need for these types of positions.
We have a huge income divide here too, I'd just rather be on the bottom here than there. I'm not really sure how to compete with more populated and less regulated countries really. I understand why some people think we should reduce regulations in Canada and the U.S. but ultimately if industry can pollute more and treat workers worse, it doesn't seem that life for most people will be that good. On the other hand Europe seems to be failing.
I agree with this post 100% ...
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Fido.
Quote:
Originally posted by Fido
As such the USSR has remained a super power and influenced the world's history for 50 years and China is reaching there ......
So if it was so great, why did it fall so spectacularly? You keep saying the internal of a country have no bearing on its ability to maintain its superpower status while talking about an example where the internals of the country caused the spectacular fall. Fine with me if you want to contradict yourself.
50 years in the span of history is a blip. I asked you a direct question, what influence does this superpower have on your life today? Zero! On the contrary, a progressive society like America has had massive influence on the world everywhere, even in countries where it is hated. You're hung up on a definition with no practical use and I don't care about a projection or appearance of power.
My point was and still is that internal strife in India or China will prevent it from reaching world influence at the United states level. I guess you're saying internal conditions don't matter while promoting an example (USSR) where they did. Obviously ridiculous to me, but hey, you're entitled to your own opinion. And since you're not in China, you won't be put under house arrest for that.
Meanwhile, here's what the population of your aspiring superpower are dealing with.
http://www.usatoday.com/news/world/story/2012-05-19/chinese-activist-chen-leave-bejing-us/55071846/1
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Quote:
Originally posted by Fido
Only a fool can term China & India's economic growth as being a spurt .... Look around and let me know how many made in Canada or Made in the US proucts you see in the world's aisles as opposed to ' Made in China' or in terms of human exports ... You can't stop it ... they have the resource advantage .
US still is no.1 and might continue to be so ... but that cannot stop others to rise in front of it so as to be on a negotiating 'super power' platform ....
Ever heard of a country called Japan in the 80s? Read up on it for more context.
And how did you land on US preventing/stopping others on rising? How is that connected to anything? The thread is about "Is it all over for India" and the point I was making is the internal structure will prevent any real growth in India. Looks like you're confused.
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Quote:
Originally posted by Fido
A superpower is a state with a dominant position in the international system which has the ability to influence events and its own interests and project power on a worldwide scale to protect those interests. A superpower is traditionally considered to be a step higher than a great power.
Excellent! What influence do you have of the great superpower USSR in your life today? Try not to skirt around it.
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Stop politics and let us talk about the economy please. Where to invest or not to invest???
Quote:
Originally posted by Portia
The resource advantage that China has is mainly cheap labour (and centralized power) and as a result of their cheap labour a lot of specialized manufacturing facilities have developed there. I definitely think China will be a superpower. However, I'd rather be in the position of the average American citizen rather than the average Chinese citizen and I don't think that will change in the near future.
I think what you're discounting is that the cheap labor is a function of the structure in that country. With economic growth and prosperity, it is not possible to sustain this because the same folks working for a dollar an hour will demand a lot more. It is only a matter of time before this happens in China, no matter how much they try to subdue it. And when it does, there goes the cheap labor and competitive advantage with it. You're also discounting that demand for Chinese goods will drop dramatically if the US and Europe continue on the same downward path.
Lastly, China currently enjoys the enviable position of a great power with zero global responsibility. They stand on the sidelines on issues waiting for America and Europe to act and then quickly move in to reap benefits. They bully neighbors to carve out the best positions for them. And they use totalitarian measures to stifle any dissent internally.
You're free to think this is the long term sustainable way to go. I don't. The forces of balance will kick in like they always have in history.
And like you rightly said, income divide exists here too but the strong society fundamentals ensure that the folks on the lower end of the totem pole are FAR better off than those in countries like India or China. This will not change in the foreseeable future, superpower stamp or not.
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