Apr
6
Waste of the West, from Craig Mee
April 6, 2012 |
How many decidedly creative but reserved people are so locked into to their blinkered existences in the west (or east, north or south) that their lives couldn't be so much more fulfilling for them and productive for the economy and other people given the right government analysis and framework to work with. What is the cost of pulling blanket rules and regs and raging costs and inflation so that this creme does not rise…
Clock in…clock out…
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1 Comment so far
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Craig,
Come to China for the comparative answer. If one is not one of the 5% (or 80 million) of the population in he rank and file of the Communist Party (or having paid enough money to court its favor), we see how creative people are locked in a state proliferated system of waste.
The cost is significant relative to both human and natural resources when one considers relative comparisons to include Japan, Taiwan, and most recently South Korea. Then there are stark examples of both loss of life — 60 million people killed, largely youth, here during the cultural revolution supposedly — and disproportionate propagation (from 500 million to 1.4 billion) to keep the masses from revolting against the Communists failed economic and political policies of the 50’s and 60’s.
In this context, one can see disturbing trends in the US. Repeal of 1999 Glass-Steagall, preceded by sale of the fourth estate with the 1996 telecommunications act, and then the unfettered untenanted breadth of the Patriot Act: all have increasingly curved the expansively debt beholding federal and state governments to a more centralized, command systematic.
Hence follows clock in… clock out… knocked out?
dr