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China to become worlds next Superpower

Discussion in 'Business & Economics' started by Furious George, Nov 4, 2006.

  1. Furious George

    Furious George New Member

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    China has pledged to donate billions of dollars to Africa, the poorest continent in the world. Some may see this as suicide, but anyone with a brain would realize this is a genious idea. If this plan is succesful, this will lead to Africa becoming industrialized, and China becoming it's biggest profiteer. Not only is China lending the United States hundreds of billions, it will soon do the same for Africa. Pretty impressive for a 'commie' state, I must say. While, in reality, China isn't a true communistic state, it certianly is giving our Capitalist society a run for it's money.

    I've been saying this forever. The best way to help a country like Africa, is to help them help themselves. Welfare is NO solution to poverty, and neither is sitting back doing nothing. If you give the people of Africa jobs, hope, and a future, they will bounce back with economic strength. Congratulations China, you have played your cards like a true capitalist, and will soon reap the benefits.

    http://www.forbes.com/home/feeds/ap/2006/11/04/ap3145612.html

     
  2. wondering

    wondering New Member

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    Soybeans

    Whatever happened to that whole idea that soybeans could save the world from starvation? You can make almost any type of food from soy.
     
  3. Furious George

    Furious George New Member

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    Being an employee at a health food store, I can tell you right now, soy can be made into a TON of foods.
     
  4. dong

    dong New Member

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    I see that the concerns about China's appalling humanitarian record have come to light here- as it is almost inevitable. I wonder just how significant it is/would actually be in relation to the economic workings of this project.

    One thing about China I find difficult to reconcile is my impression that they appear to blantantly lie in just about every record they produce. How are we to gain a measure of what is really going on if the records are never transparent?
     
  5. FourBear

    FourBear New Member

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    Not only does China have a tendency to lie, but they also are unfriendly towards anthropologists and archaeologists. Interested anthropologists have a slim chance of getting their project approved by the government, and if their results aren't something the government likes, they could be jailed.

    Anyways, I've seen this coming for awhile. I believe there is an entire book about this, but I can't remember the title.
     
  6. framed

    framed New Member

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    Considering the number of people in China if they ever manage to get their act togehter (and it would seem that they are) its pretty clear that they'll be the next world superpower.

    Its interesting to consider that they are becoming a very capitalist nation, but clearly not democratic. The idea that those things dont have to go hand in hand is something most Americans haven't considered. The example would lead you to believe that its less democracy thats important than capitalism. China clearly isnt a real democracy, but it has made a serious effort to becoming capitalist, which I think has contributed most to their rise of late.

    With respect to Africa, China isn't the only major donor in the area. While its certianly popular lately I have to wonder about the viability of investment in an area with few if any natural resources and barely enough productive capacity to support its current population. Theres something to be said for encouraging settlement where theres a natural capacity to support your population.
     
  7. Furious George

    Furious George New Member

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    Chances are, if they are making an investment in an oil-rich area, the investments will be recurring.


    Not sure how to answer that, but they surely are pretty economically sound.

    I could've told you that. The United States hasn't been a 'real' Democracy for over a century, but we are indeed capitalist.

    That's because most Americans are unconcerned with things that are outside of their 'bubble', or daily lives. See here.


    To tell you the truth, Capitalism as it's practiced in the 21st century [corporatism, cronyism, and a quasi-market economy] is nothing even close to what was theorized in the "Wealth of Nations", by Adam Smith. We are not even a true laissez faire, so how can we judge China as being a true capitalist society, when we ourselves have skewed Capitalism to the point where it's just a name, and not an actual definition?


    Are you kidding me? Africa is extremely rich in natural resources. They are the worlds leading producers of Diamonds and Gold! Without Gold or Diamonds they wouldn't of been able to open the Johannesburg (Sp?) Stock Exchange! Nigeria also sits on the largest oil reserve in the world, and is becoming the fastest growing economy in the world. I think your statement above needs some major revision, because there is HUGE potential in Africa, but because of poverty, violence and despotism are rampant. To pull the Africans out of the dumps, you need to help them help themselves. Take our welfare system for example. Do you really think it does anything other than provide the lazy with a reason to STAY poor? If you train them in a skill, hook them up with an employer, then they have a chance to become succesful.
     
  8. framed

    framed New Member

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    "The United States hasn't been a 'real' Democracy for over a century"

    Huh?
     
  9. Reason

    Reason New Member

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    China will not become a superpower until it confronts its massive social problems in how the revolution it is seeing right now in growth is not effecting the rural poor of that country.

    California is right behind China in GDP, so when are you gonna post a thread saying, "California realizes it is too good for the U.S. and breaks away."
     
  10. Furious George

    Furious George New Member

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    Just like any other successful capitalist system, massive social problems take a back seat to economic stronghold. I fail to see why solving social problems would be the contributing factor to their world dominance, hell, what stopped us?
     
  11. mamab

    mamab New Member

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    I agree, Reason, China needs to deal with their own social problems, but I don't really see it happening anytime real soon. I think they're happy to be pulling the wool over other's eyes, letting us think they're getting their act together. Unfortunately, it's the rural poor that are paying the most, and it's not likely to change.
     
  12. Reason

    Reason New Member

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    The issue is corruption and communism. Both of those ideas punish individual action and full utilization of resources.
     
  13. Furious George

    Furious George New Member

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    And Capitalism promotes what exactly? Sheepish consumerism and greed?
     
  14. Brandon

    Brandon New Member

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    What's wrong with consumerism? It's their money, let them spend it the way they want to.

    Oh and by the way, communism and socialism have just as much greed in them as capitalism. Greed is not an economic factor but a human condition. We will never truely excape it (unless we evolved? Maybe!). Politicians become the cartels and corrupt business men in a socialist and communist society. The nice thing about capitalism is that I can choose to spend my money where I like to. With a tax-filled socialist country, I have no choice, I am FORCED to support it via taxes.
     
  15. Furious George

    Furious George New Member

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    Consumerism as we know it promotes an anti-intellectual and egotistical environment. Something we cannot afford to have.
     
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