Friday, August 17, 2012
Should we be afraid of China?
For the past several years we have all heard about how we need to worry about China replacing America as the world's next superpower. The authors also mention this. They also mention that one of the barriers to this happening is the rampant corruption in China. While the Chinese government is such that it could clean up corruption quicker than some other countries, what then? Their government is also a big cause of the corruption in the first place. Without a free market (or at least a regulated market), corruption will continue because there is no incentive to stop. I guess my biggest question is who will act first? Will America unite and wake up and address the issues presented by the authors? Or will China clean up its act and adjust its form of government which will allow them to become the world's next superpower?
Subscribe to:
Post Comments (Atom)
Yes! We should be very afraid of China... in the sense that China has become our loan shark. Friedman and Mandelbaum write: "We had better hope that China does not invade Taiwan. We have a treaty that says we have to defend Taiwan in the event that is is attacked by China... the only problem is that we would now have to borrow the money from China to do it." As an English teacher myself, I can't help but savor the irony in this "what if..." predicament.
ReplyDelete