August 17, 2013

China The U.S. and Other Super Powers

We are truly in a more competitive world. China is slowly moving towards a freer market and we are drifting in the other direction, becoming less free, more oligopolistic market. The United States is still the major power on the planet, however it is quickly evolving into a world of near equals when it comes to economic power and influence. Other regions are making their presence felt including Brazil, Russia, India and South Africa.

The United States is accelerating its decline by surrendering its free market history to oligopolies that are destroying the system established some 237 years ago. The Right cheers "free markets" even as they continue to concentrate the power of the marketplace into the hands of a few organizations and individuals controlling these entities.

The United States is having difficulty accepting the fact it no longer has unlimited resources and cannot afford to do anything it wants anyplace in the world. Al Qaeda can claim success with the attack on the Trade Center. They drew us into wasting precious resources and time in the Middle East for over a decade and it will continue for the foreseeable future, even if it is at a slower pace. 

No comments:

Post a Comment