RE: America - Sliding Down The Shitter
July 27, 2018 at 12:47 pm
(This post was last modified: July 27, 2018 at 12:59 pm by Anomalocaris.)
What do people actually think “third world” means?
“Third world” has no real meaning outside the Cold War context. During the Cold War “third world” refers to nations which do not align themselves to either the western block or the communist block. Switzerland is third world.
It has just become sort of derogatory term to imply poor countries. But which exact countries now count as third world?
India is still regarded by many as poor, and was historically nonaligned and thus bonafide third world. You can point to spectacular slums in cities in India that really has no match in the US. But so what? Increasing numbers of Indian graduates from science, engineering and management programs in elite America universities, who could easily find jobs in American economies, are choosing to return to India instead as offering better long term career prospects.
What does that tell you?
United States remain richer, to a large degree because past generations have accumulated wealth, but for bulk of the bread and butter talents that underlies national competitiveness, India and China are increasing seen as offering more room for upward mobility. From those countries, the point of view is America is living off of its inherited fat, while other countries are generating added capacity to create wealth.
That really is not surprising considering America believes it will be made great again by a realestate magnate who created no innovation, who inherited a large fortune, and is loath to reveal whether his fortune has truly been enlarged by more than what a dead investment in mutural fund could have done.
“Third world” has no real meaning outside the Cold War context. During the Cold War “third world” refers to nations which do not align themselves to either the western block or the communist block. Switzerland is third world.
It has just become sort of derogatory term to imply poor countries. But which exact countries now count as third world?
India is still regarded by many as poor, and was historically nonaligned and thus bonafide third world. You can point to spectacular slums in cities in India that really has no match in the US. But so what? Increasing numbers of Indian graduates from science, engineering and management programs in elite America universities, who could easily find jobs in American economies, are choosing to return to India instead as offering better long term career prospects.
What does that tell you?
United States remain richer, to a large degree because past generations have accumulated wealth, but for bulk of the bread and butter talents that underlies national competitiveness, India and China are increasing seen as offering more room for upward mobility. From those countries, the point of view is America is living off of its inherited fat, while other countries are generating added capacity to create wealth.
That really is not surprising considering America believes it will be made great again by a realestate magnate who created no innovation, who inherited a large fortune, and is loath to reveal whether his fortune has truly been enlarged by more than what a dead investment in mutural fund could have done.