Listen to this Harvard historian on the current change of global economic power:
The guest speaker starts at 23:05.
The guest speaker starts at 23:05.
Are you over 54? Otherwise, you may be waiting another year or two for the OAS portion of that, thanks to the latest budget from Harper and Flaherty.As long as I get my government pension...everything should be okay ...right? Isn't OAS and CPP enough to take care of me when I hit retirement?
Maybe watch the whole 75 minutes instead...Am I expected to watch the hole 75 minutes?![]()
That's the assumption that precedes his talk. Watch it to know what develops from that."Listen to this Harvard historian on the current change of global economic power"
Let me guess...
...he thinks China & India will soon surpass the USA as the richest country in the world?
You're completely wrong. This is not what he says.Don't need to watch it to know what he is going to say. The developed world has saturated it's development capacity, the developing world is becoming more developed. He will assume that the developing world is incapable of becoming saturated itself, and therefore in a generation the western world will be herding goats.
He will of course overlook a few things, namely:
(A) If the west has allready reached saturated it's development potential there is no logical reason to assume they will turn to goat herding next. More likely they would remain at saturated development.
(B) The natural resources required to feul the devepment of the third world are finite and will probably run out before they reach the level of development required to overcome that obstacle. So, it is far more likely that THEY will return to goat herding, not the west.
I agree! I don't even watch porn for 75 minutes.Then educate us, posting a 75 minute video with no context is more than annoying, it's asinine. I have a busy life, PERB gets maybe 20 minutes total over the course of a few of visits when I have time. Most of the time, it's hit and run. Either help out, or STFU.
plus 1 to this.......silky johnsonishThen educate us, posting a 75 minute video with no context is more than annoying, it's asinine. I have a busy life, PERB gets maybe 20 minutes total over the course of a few of visits when I have time. Most of the time, it's hit and run. Either help out, or STFU.
You will probably be surprised that I don't agree with raising the age of retirement. This will mean that the poor guy hanging drywall will have two more years of backbreaking work before he can retire. Of course this won't affect the welfare bum. He doesn't care which agency his government cheque comes from.Are you over 54? Otherwise, you may be waiting another year or two for the OAS portion of that, thanks to the latest budget from Harper and Flaherty.
You will probably be surprised that I don't agree with raising the age of retirement. This will mean that the poor guy hanging drywall will have two more years of backbreaking work before he can retire. Of course this won't affect the welfare bum. He doesn't care which agency his government cheque comes from.
If you don't have 75 minutes to watch it, you don't have to. No one is making you do anything, you know. But you act as though you have no will power of your own to decide what to do. It's not asinine to post a 75 minute video, nor is it asinine to not give you the Cole's notes version of something that should be understood in its entirety because of the complexity and subtlety of the issue. If a very educated person or great thinker were to give propose his theories, how do you think he would feel after extensive years of research to pare down his conclusions to a few notes for the consumption of people with 2 minute attention spans?Then educate us, posting a 75 minute video with no context is more than annoying, it's asinine. I have a busy life, PERB gets maybe 20 minutes total over the course of a few of visits when I have time. Most of the time, it's hit and run. Either help out, or STFU.
Glad you watched some of it, or you might have watched all of it but decided not to discuss some of his more surprising conclusions about the Arab Spring, or even what the implications are when China leads the world in GDP in less than 15 years.Professor Fergusson's talk is only about 30 minutes in the middle. The OP did write that the interesting bit starts at about the 23 minute mark. The basics are that the western world have economically & politically dominated the rest of the world for 500 years because they developed certain societal traits; e.g. the rights of individuals versus the state, the rule of law & property rights, education, the work ethic, etc. He has a list.
As the western world developed these traits, their economic & political power rose rapidly while the rest of the world languished. The trouble is that the western world is only about 20% of the world's population. India and what he calls 'Greater China' (the PRC, Hong Kong & Taiwan) have integrated most of the traits that served the west so well & between 1970 & about 2016 they will have closed the GDP per capita gap with the US economy & begin moving ahead.
It is a good talk & worth the time to watch it. If you don't want to stay on this page for the full time to DL the video & jump to the 23 minute make, you can find it on YouTube here:
http://www.youtube.com/watch?v=h27EORn0tZs
i will never understand why egg heads think there so smart,
for one they don't have a life or a job so they have time to think and ponder these things while other people are out there working there ass of keeping the economy going so they can sit and ponder shit all day long
You're quite right, a little intro to whet the appetite would have provided some temptation. Nevertheless, some people react as though the whole thing is being rammed down their throats when it is only being offered. Had they experienced a lack of control over their own lives that would bring about such reflexive attitude?The point was to give a short bit to whet people's appetite for viewing the talk, not condense it all down so they don't have to.
He's a prolific author, and fortunately or unfortunately he's being listened to by those in power in the USA and Britain. His views are intelligent and at times disturbing. I can see that for once the far right will have an intelligent and extremely well educated spokesman for their extreme views. The likes of Christopher Hitchens (if he were still alive), Chomsky, Brzezinski, Chossudovsky, and Howard Zinn (dead) would have a tough debate against him.I'm a reader by nature, not a watcher.





