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by 0815test
2611 days ago
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> Soon enough they will catch up to the status and the money, and the West will have little to offer. You'd think that, but the middle income trap https://en.wikipedia.org/wiki/Middle_income_trap happens for a reason, and widespread liberal or even democratic values might be required in order to escape it. The thing is that the wealthiest countries in the world, aside from special cases like big natural-resource endowments, have always featured broadly-liberal values and a reasonably-diffuse power base. Starting at least from the Italian and German renaissance, The Netherlands in the early-modern period, etc. And this dynamic has only become more important in a modern service economy where growth is powered by continued entrepreneuship and innovation - it would be huge news if this became suddenly untrue. |
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Chances are if you look back at those societies it wasn't the liberalism. They were probably horrible by modern standards. It might just have been the trade of information and resources. Today you can do probably do that without the values. Or at least if the West doesn't do it that way, who is the competition?
If everyone in the US is worried about their mortgage, who is going to be more creative than Google to the point where Google can't just buy them? The same probably goes for society. If the West doesn't do democracy very well, who are the Chinese losing to?
Maybe you are right, but I still would trust the future to some idea. That is when you lose. When you think "well this can't happen" and then it does. Because the quote about astrophysics also goes for society, that "the universe has no obligation to make sense to you". Chances are it doesn't have to be certain way at all. Most of history certainly isn't fair.