Tom Friedman has interesting discussion about China.

New York times Columnist Tom Friedman has an interesting discussion about China.He is explaining how many of the bubble problems in china may not be problems at all.In china as they move up the production in higher value goods instead of exporting Jobs and factories they move them to hinterlands of china and move and enlarge the engine of growth.Its large pool of capital in the hands of the communist state which is quite apt at using money and ideas for public good unlike America where is always bottle neck of ideas .In the short run it seams that communist China is eating our school lunch and is bullying all our large enterprises with its state enterprises and we do not know what to do other than hand our lunch to them.Most of our manufacturers have surrendered to china the ability to produce the goods and seems like without a fight.They have understood our economic system and are using it to their advantage and we in our arrogance are unable and unwilling to understand and compete with them in a way which will keep our country with a high standard of living and make changes where we remain masters of our destiny.

This crisis of confidence leave many other nations in the world which have not benefited from the technological and socio-political advances wondering and questioning the free enterprise of west which has not always delivered the goods and services to the needy.Now China is exploiting the resources of the poor nations and depriving them even the meagre wages as they are bringing their own manual workers which they have in plenty in the hinterlands.
China has developed to a level where it will do fine.I hope more freedoms will come to its citizens .It has done many things well it believes like the Marx and i am paraphrasing it that capitalist will sell you the gun and bullets to shoot them with it.Is our system so bankrupt.

In defense of USA( note to a friend)

Farzana,
Having lived and studied the America and its systems.One has to admire its constitution.Free and universal education till grade 12.By the way average expenses of this education is ten thousand dollars per year.Education and laws to protect and give opportunities to handy capped people.

System which takes care of its problems.While Khaddafi and Fidel are still in power America has had 10 president in the meantime.Wisdom of its systems makes up for individual drawbacks while even Russia finds it tough to retire Putin.

World has many things to learn from older societies but America the experiment in democracy is a wonderful experiment still being explored.Newer democracies can learn from this experiment without doing all the mistakes.Two things come to mind Forming a upper house on similar basis as senate in US.Restricting candidates to represent their residency with local residency requirement.This will eliminate some people running from more than one constituency.

The US constitution prohibits government to make any laws regrading religion.US government has no power to ban a book.When you read that a book was banned somewhere in America.It is individual library chose to ban it it without any real effect.
Many times we have not treated our own citizens fairly but all those faults still leaves me hopeful.Finally it is truly an international nation.


According to Tocqueville In 1835 USA and Russia were similar countries and it is the freedoms of America and character of its people(Not race) is responsible for making a breed of autonomous people.