On Demand
The Miracle
Monday, August 17, 2009
In his book The MiracleTime magazine’s business correspondent Michael Schuman looks at how the economies of Asian countries like China, Indonesia and India have transformed themselves into powerhouses of growth.
Event
Michael Schuman will be speaking and signing books
Wednesday August 19 at 12 pm
The Korea Society
950 Third Avenue, at 57th Street, 8th Floor
Registration is required. For more information, visit the Korea Society website.
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Mr. Schuman's history of Japan's growth seems to leave out the U.S. role in using Japan's industry to fight the Korean Warin the early 1950's. Am I right in recalling this fact?
Since the Karetsu's (sp) prevented internal free competition in Japan, they also prevented free competition from outsiders? arent the MITI and the keretsu's a violation of free trade? If so was a case ever brought by the US against them
One point your guest has not yet mentioned was the role of PIRACY of intellectual property in the rise of Asia, and a more important point, the fall of communism and socialism.
Regarding piracy, I well remember the vast "knocking off" of jeans, computers and software back in 1980s, while the US turned a blind eye - presumably to allow those countries to strengthen after our withdrawal from Vietnam. We wanted the "Asian tigers" to get prosperous to stem the communist push. But when we succeeded in bringing down the Communist bloc, and with the rapid move away from Socialism in India, we freed half the world's population from slavery and turned them into capitalists and competitive workers.
I am just about throw out another short-lived junk product bought at Home Depot and made in China. Asia keeps on giving.
Being that East Asian economies continue to grow and become more developed, I pose this question:
Does Mr. Schuman think that there might be a more regional or counter-balanced form of international capitalism as opposed to a convergent form of global capitalism that seemed to be appearing during the 1990s and early 2000s?
Taher
fool me once....
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