Frank Silva, begins his self-published 2012 work by declaring that his book isn’t intended as political work, but one that is meant to focus on history and economics.
I would argue that it’s even more comprehensive than that.
Silva’s 100-page treatise is actually a highly relevant work consider global power and futurism. While examining the climatic growth of the United States of America, following the Second World War and what appears to be a true, slow decline of the nation, he speculates how this directly relates to the incredible boom occurring today in China.
The interesting US-Chinese past and present comparisons generate important questions and cautions on how China must act if development toward the path global domination is to continue.
For some time already, many foreign businesses have bemoaned the collective apathy of Chinese concerning the intellectual property of their products. Silva argues that this pattern of IP theft will organically disappear as more and more Chinese companies begin to innovate and design their own sought-after tech. Domestic disputes will tighten laws and stamp out copyright infringement. If companies want to play, they have little choice, but to follow the rules or pay dearly for transgressions.
Silva goes deep discussing global energy and America’s mistake of relying far too heavily on petroleum. Decades ago, when the US was a solar power research leader, oil-based lobbying cut research funding causing many companies to migrate to Germany. China now leads the way in this field, despite their comfortable domestic energy stakes.
Reading between the lines, it often appears that Silva is explaining America’s decline and China’s assentation as directly the result of excess pride, greed and shortsightedness of the former.
At one point he specifically cites the Walton family, owner of Walmart, as one example of America’s regulatory failure. The family, while unbelievably wealthy, employs the world’s best finance managers to help them legally evade paying taxes. Thanks to friends in the local, state and federal governments, they receive untold sums and tax breaks enticing them to continue their growth and systematic destruction of small-business retailers. Their underpaid workers are also given company sponsored assistance to apply for federal low-income funding, while their factories in China have taken jobs away from Americans and weakened the industrial base of the country. Unfortunately, this is far from an anomaly in the former home of the American Dream.
It’s impossible to predict the future, but as long as China avoids following the US’ missteps, Silva argues that the Americans will pass the baton of power to the Chinese. It seems hard to refute.
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