| > This sounds like a modern version of Golden Age nostalgia. When France built their nuclear programs, or railways, it was a massive investment, the people in charge when these decisions were taken were long gone by the time the projects were completed. It wasn't seen as a cost but as a national interest, now we're cutting everything down because everything is seen as a short term cost regardless of the long term benefits. > I am not at all sure that people had longer visions; some probably did, but the entire nations? Not so sure. Nations don't matter, the 10 or so people truly in charge do, when they have a spine at least, now that we have business men thinking about the next quarter it's more complicated. > Second, there is a certain wisdom in accepting that you don't know how the world will look in 50+ years History doesn't just happen... countries with long term visions make history, of course if you check out of the race you're at the mercy of whatever other people decide for you. China didn't automagically get where it is today, the planned economy helps in that regard. |
That does not seem to support your idea that "everything gets cut down over short term costs now". There is a massive amount of long term spending happening right now.