The ideal economy

The USA is heading for bankruptcy and China is growing at 10% per annum.  40% of every dollar that USA spends has to be borrowed.

 

In the world today, the exact opposite of what you say is actually occurring if we simply take different examples ie the USA today instead of Japan in the 70s and China instead of little Cuba that has suffered oppression by the USA in the form of embargos, threats, invasions and attempted assassinations of their leaders.

 

But it is neither socialism nor capitalism that wins the day, it is the ability of a system to adapt to changing times.  That is why China is thriving ~ they have their own form of democracy, no dictatorship (leaders rule for only a few years) and they have embraced a market economy with a gradual shift from centralised control.

 

On the other hand the USA tries to emulate the founding father right through to today, centuries later.  For instance the right to bear arms reflected the fact that the USA had no standing army and the threat of invasion seemed plausible.  It is this rigid attitude that has made the USA a brittle twig that is in danger of snapping when the winds change.

 

Take traditional Brittain, a monarchy with tradition running back more than a millennium.  But it is now a constitutional monarchy and change right at the core is happening with the House of Lords, members traditionally appointed by the Queen, changing over to an elected legislature.

 

Robert