BigBallinStalin wrote:Mr Changsha wrote:Currently on a little tour of 'insanely booming' chinese cities.
A couple of points:
1. Changsha has gone from a sleepy 'town' (had the feel back in the day) that the arriving american would look around and compliment in a vaguely patronising way "Aren't they doing well" to a kind of frightening mega-city that I can but imagine leaves many arriving americans in a state of awe. Frankly it blows my mind again every time I come back. Of course Changsha has been claiming 15%+ growth rates for a decade. Who knows if that is entirely true, but you only have to look around to see what that kind of growth can do. So a decade ago most western european/american cites were far ahead of Changsha. Can you believe that the private car was just getting going in 2003? At this point Changsha is overall ahead (yes really) of most western european/american cities. The crazy thing? How far ahead will Changsha be in another ten years? I don't see this city slowing down for a second over the next decade and the gap that there will be in development between this city and most western european/american cities is probably, honestly hard for most of you reading this to fully appreciate.
2. Is it over for america? In many ways yes. I am not smart enough to fully understand why Changsha is soaring at mega-speed away from 'western cities'. But it is. From my perspective of dividing my time between China and France, what I have seen over the last ten years or so is that France has stood absolutely still during this period, while China for whatever reason has caught up, zoomed past and is now like some ethiopian marathon runner trouncing the plucky brit (again). I used to believe (many years ago) that China was catching up, that its growth rates meant little as it was starting from such a low base. But I was wrong. A fundamental shift in world power is happening around us. Chinese development simply isn't slowing down as I assumed it would by now and the growth figured suggest it is (a bit). It isn't..
3. China is going to leave America in the dust over the next few decades. It is inevitable now I think and while certain places of great ability will hang on to an extent for the west of course has many smart people (New York, London, Berlin) the overall trend is clear. I think these changes have been turbo-charged by the enormous leaps in technology we are witnessing. Just as my own country (the Uk) benefited hugely from developing at the right time, as did America in the 20th century, so will China in the 21st. Good luck for China (who lets be honest are probably due some luck) and bad luck for us...
4. The chinese will be our new overlords. Get your heads around that concept however hard and troubling it may seem to be. Most of the chinese I think can't quite believe it either but the better educated/connected ones know what's coming. America is finished because it simply can't grow like China can and while that mad growth was basically catch up for most of my time here it is going beyond that now, far beyond that and I believe that Changsha's development (which I know so personally and intimately) reflects the overall trend of things so well.
How is this a bad thing for the US? It's not like the economic pie shrinks when a country grows. (Of course, a country's economic policies like subsidies, regulations, and so on can really make it difficult for its own people to adjust to changes in international trade). As long as the Chinese government isn't dropping bombs over US soil, I'm totes cool with them providing better stuff to the world.
Well, I suppose my response is a little out of my 'area' (not that I really have one beyond writing shag about Risk)...
I wonder if with a loss of global power/economic domination comes a
real loss of wealth for the individual american?
I see that as the chinese GDP rises, a certain percentage of the chinese people get much, much richer which reflects I suppose the booming growth rate. Now not
all the chinese are getting rich, wealthy or even just comfortably-off - and who would want such a thing - but enough are and it seems a direct consequence of China becoming more dominant globally. So from my own direct experience I have seen China become more powerful and a percentage of the chinese become richer. I believe with potentially powerful countries that these two things are linked.
I can see that as my country lost power through the 20th century (and continues to in the 21st..what a miserable thing it is if one was to care) the british people have also become poorer relative to their rivals. Americans are richer, germans, japanese, various small european nations locked in with Germany..I guess the bloody
south koreans are richer than the british now. Britain is globally ranked 6th or 7th on the GDP lists..I would guess the people are around the top 20 of average wealth. What a drop in a century!
So what of America? I feel that as a country loses
power it becomes less effective at making the kinds of deals that can maximise its income relative to its rivals, in fact if another country is
more powerful than it (a concept americans must find difficult to comprehend) then that country will be actively working against America.
A couple of recent historical examples..
1. America's determination to impoverish the British Empire before, during and after WW2. There has been a huge amount written about this policy and I think it is a pertinent example of a new rising power deliberately chopping the testicles off of the old one.
2. (and one that
should make America shudder a touch) American diplomatic efforts to isolate China after 1949 in favour of Taiwan, a policy that wasn't reversed until the early 70's I believe.
In both cases we see the new power (America) deliberately and probably correctly (with regards to its own self-interest) hammering two older powers that it would no doubt prefer to keep down. Those actions not only weakend Britain and China as powers but also
directly affected the living standards of those peoples.
So you see, if America loses its status as the dominant power in the world to China is it really likely that China won't do its level
best to reduce America's status rather like America reduced Britain's?
Of course finally ("Mercifully! say all...

) one wonders - in fact I often do wonder about this - if America will just accept the economic inevitabilities and slink off into medium-power status. The window off opportunity is closing for active intervention..ten years at most?