Tag Archives: global inequality
The Decline and Rise of Nations
I was asked recently if I thought that American dominance of the world was over, if America would decline like other great powers before it, and what nation would take its place.
I replied that the old idea of a nation becoming ‘great’ and ‘wealthy’ by hugely increasing its consumption and getting control of other nations to keep its own consumption growing, had always been part of human history, but would be quite inappropriate for the future. … Read more
Global Inequalities in Wealth
Another misconception held by many in both “rich” and “poor” countries is that the “rich” should go on making and using ever more goods and services, thereby “creating wealth” that can somehow find its way to the “poor” nations, making them “richer”. … Read more