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by asdfman123
2539 days ago
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I don't think China is more imaginative, but they are far more nimble. For instance, if a city is growing, they just plop down a ton of apartment buildings, throw in 8 new subway lines, connect a bullet train and they're done. The US spends about that length of time discussing on whether or not to build a new tower in a historic neighborhood. I don't know why this is the case, but I think it has something to do with a rapidly growing economy versus an already grown economy. If someone could explain to me why that's the case, I'm all ears. My off-the-cuff guess: if a country is growing, the easiest way to make money is hop into a growing industry and building as fast as you can. If a country is grown, the easiest way to make money is to siphon it from somewhere else. So in developed economies you have stagnation and inefficiency because the elites are more interested in redistributing the wealth (to them), instead of creating new wealth. |
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The citizens in the US and their political power are the source of most of the inertia.