I stumbled upon this movie the other and thought it was worth watching. LANGUAGE WARNING.
http://festival.sundance.org/2006/watch/film.aspx?which=402
17 minutes long, and very interesting. Yeah, the tone it takes does almost sound like America bashing, but it also brings up some very good points. America is rapidly losing industry to China. I hear that there is some new Chinese car company that is going to be exporting cars to America to compete in the Asian car saturated market.
I honestly don't mind China taking over industry like they are. Unless it involves human rights violations, but that's another topic for another thread. If they can produce the goods that the world will buy at cheaper cost (again, ignoring sweatshop conditions for the purpose of this argument), then I think they should have every right to.
America, along with Japan and a few places like Taiwan, some countries in Europe, etc. have so far been the leaders in technology innovation and entreprenuership. If China takes all industrial jobs away from these countries, then they will be forced to create jobs in the service industry as well as improve the quality of their innovation, or face economic extinction. I see this as a good thing, for the forced innovation will only spur the process on further.
The problem I see arising is when China becomes the leader in innovation and entreprenuership some odd years down the road. Then the economies of these other countries can more or less go bust. Sure, the service industry will still exist, but that's about it. There aren't enough jobs in service for everyone.
The other thing here is if China does become such an industrial superpower, then they can start charging whatever they want for their products. They can ramp up the cost so that the rest of the world can't afford much, and it won't cause them any grief because they still have 1.5+ billion people to sell their goods to. Of course in comes the question of culture. Americans are a button-pushing culture, used to having the comforts that will make their lives easiest. The Chinese, among others, are more industrious, and I don't see them widely accepting luxury goods, at least not as much as the US would, and that could stagnate their industry some.
In any case, it is an interesting situation that we're in, with China growing at an explosive rate and the rest of the world kind of stagnating and content to keep the status quo.
Thoughts?
http://festival.sundance.org/2006/watch/film.aspx?which=402
17 minutes long, and very interesting. Yeah, the tone it takes does almost sound like America bashing, but it also brings up some very good points. America is rapidly losing industry to China. I hear that there is some new Chinese car company that is going to be exporting cars to America to compete in the Asian car saturated market.
I honestly don't mind China taking over industry like they are. Unless it involves human rights violations, but that's another topic for another thread. If they can produce the goods that the world will buy at cheaper cost (again, ignoring sweatshop conditions for the purpose of this argument), then I think they should have every right to.
America, along with Japan and a few places like Taiwan, some countries in Europe, etc. have so far been the leaders in technology innovation and entreprenuership. If China takes all industrial jobs away from these countries, then they will be forced to create jobs in the service industry as well as improve the quality of their innovation, or face economic extinction. I see this as a good thing, for the forced innovation will only spur the process on further.
The problem I see arising is when China becomes the leader in innovation and entreprenuership some odd years down the road. Then the economies of these other countries can more or less go bust. Sure, the service industry will still exist, but that's about it. There aren't enough jobs in service for everyone.
The other thing here is if China does become such an industrial superpower, then they can start charging whatever they want for their products. They can ramp up the cost so that the rest of the world can't afford much, and it won't cause them any grief because they still have 1.5+ billion people to sell their goods to. Of course in comes the question of culture. Americans are a button-pushing culture, used to having the comforts that will make their lives easiest. The Chinese, among others, are more industrious, and I don't see them widely accepting luxury goods, at least not as much as the US would, and that could stagnate their industry some.
In any case, it is an interesting situation that we're in, with China growing at an explosive rate and the rest of the world kind of stagnating and content to keep the status quo.
Thoughts?
Marsz, marsz, Dąbrowski,
Z ziemi włoskiej do Polski,
Za twoim przewodem
Złączym się z narodem.
Z ziemi włoskiej do Polski,
Za twoim przewodem
Złączym się z narodem.
