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America the Crossroads Nation
Old 11-09-2010, 10:55 AM   #1
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America the Crossroads Nation

Very uplifting opinion piece by Brooksey in todays paypa.. check it out if you haven't already read it.

America ....the next Turkey..

http://www.nytimes.com/2010/11/09/op...s.html?_r=1&hp
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Old 11-09-2010, 11:25 AM   #2
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It's nice to read something that is optimistic about the U.S. I'm getting tired of the doom and gloom coming from people who are only interested in selling more papers/air time/whatever.

I've worked for an international company and lived in the UK and Japan. I fully agree with the op ed piece. Of all of the countries that I've worked in or with, the U.S. is the one that offers the best rewards for talent. IMOP, that will continue allow the U.S. to have the flexibility to compete and win with emerging countries and other developed countries.

Lorne
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Old 11-09-2010, 11:44 AM   #3
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It is nice to read something positive for a change. Not sure whether David's crystal ball is any clearer than anyone else's but what he says makes allot of sense. The notion of a crossroads nation seems both obvious and novel ...to this noodle anyway.
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Old 11-09-2010, 01:07 PM   #4
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I'll put a pin in your bubble. The basic fallacy in his argument is that other countries - China/India/Mexico will not develop the the items he mentions. There was a book by an international management consultant years ago that sounds something like the below - it was panned because it came off as racist.

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You’ll want to be in the U.S. because English has become the global language.
If it is global then you don't have to come to the US.

Quote:
You’ll want to come because American universities lead the world in research and draw many of the best minds from all corners of the earth.
US universities are being exported to the Arab world. Foreigners are being educated in the USA now who will lead in their Universities. Research funding is and will be under pressure in the USA but increase in China/India - China now has the fastest super computer.


Quote:
You’ll want to be there because American institutions are relatively free from corruption.
True for now. What about when the distribution of wealth become even more inequitable; and foreigners are the big spenders. As countries become more affluent and income becomes more evenly distributed the pressures for corruption declines.

Quote:
Intellectual property is protected.
Other countries will do the same when it is their intellectual property they need to protect.

Quote:
Huge venture capital funds already exist.
The money is now in China/India and US funds can move very easily.

Quote:
Moreover, the United States is a universal nation. There are already people there with connections all over the world. A nation of immigrants is more permeable than say, Chinese society.
True about the Chinese society. But, the Chinese and Indians have strong ties with their expats around the world that the USA does not have.

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You also observe that America hosts the right kind of networks — ones that are flexible and intense. Study after study suggests that America is one of those societies with high social trust. Americans build large, efficient organizations that are not bound by the circles of kinship and clan. Study after study finds that Americans are not hierarchical. American children are raised to challenge their parents. American underlings are relatively free to challenge their bosses. In this country you’re less likely to have to submit to authority.
Again currently true. But the items he mentioned come from poor societies that need to support and help the family and for control in harsh conditions. As China/India becomes more affluent those negative things will diminish. However, in the USA in tough times those same values might be challenged.

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From this story you can see that economic power in the 21st century is not going to look like economic power in the 20th century. The crucial fact about the new epoch is that creativity needs hubs. Information networks need junction points. The nation that can make itself the crossroads to the world will have tremendous economic and political power.
Here is the key point - He does not explain how this will keep 1?? million people employed.
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Old 11-09-2010, 01:17 PM   #5
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Only time will tell. Whatever the fate of the US, I suspect it will be gradual in its incline or decline. All else is speculation, which fills the void until we "know".

Edit: I should add that the spotlight of success is a moving target. When I first went to Wall Street all the money was in the Middle East, then Japan, then back to the US and then onto China. At each point when the spotlight lit a nation, the worldview was they were going to take over the world (financially speaking) and each time the spotlight moved on. The only thing of which I am 100% certain is that this pattern will continue.
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Old 11-09-2010, 07:32 PM   #6
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Charlie interviews Tom Friedman and his take on America's future:

Charlie Rose - Thomas L. Friedman
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Old 11-10-2010, 07:25 PM   #7
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Education, research and innovation in America.

Susan Hockfield, president of the Massachusetts Institute of Technology and Drew Gilpin Faust, president of Harvard Universi



Charlie Rose - Susan Hockfield and Drew Gilpin Faust
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Old 11-10-2010, 07:51 PM   #8
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Originally Posted by keegs View Post
Education, research and innovation in America.

Susan Hockfield, president of the Massachusetts Institute of Technology and Drew Gilpin Faust, president of Harvard Universi
Do they say education is the solution?
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