China and India Are Beating Us At Our Own Game
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John Doggett, senior lecturer in management, McCombs School of Business, The University of Texas at Austin, warns us to be careful what we wish for and not to make assumptions. His history lesson explains that after WWII, much of Europe and Asias infrastructure and industrial production capacity was destroyed. For a short time after, the U.S. was the only source for manufacturing. For the next 50 years, we assumed that developing countries would always be poor struggling economies, incapable of producing innovative products that could compete with us. We were wrong. During the Cold War, we evangelized about capitalism and free market economies. In the mid 80s, CNN and satellite communications made it easy for the rest of the world to see that our standard of living was better than communist or socialist countries. We are in a race with countries that have bought into our value system and theyre playing by our rule book at a time when were tearing our rule book up.
Comments
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indians r silent killers
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AT LEAST WE INDIANS DON'T INVADE ANY COUNTRY ..U FUCKING AMERICAN KILLING MANKIND CAUSE U CAN'T SEE REST WORLD GROWING ..
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sombody please teach this guy some maths.....
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india and china is little countries? what a fool
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This looks like a great talk....and it acknowledges something that I feel about western millennials....they've grown up 'assuming' they're the greatest, richest, most innovative....yet...the lives that they will experience will be different from what they had assumed growing up....there will be tremendous competition....and this idea that they were more intelligent was an assumption....they weren't more intelligent...they were more murderous and destructive...220 years with war out of 240 years of independence....that's america......and now in the era of nukes..that's out of window....western millennials are going to have it pretty hard...
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They could not see China and India coming - dumb
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he seems to be drunken.
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you idiot, they are not small countries. China is 4th biggest and India stands at 7th in the World.
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They will just keep on giving speeches
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by what measure they look like 2 small countries
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The fact that there are more Indians commending here than Americans tells you something
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India and China were once the richest countries in the world. So I guess what goes around has to come around.
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northern India and western China are far behind
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You people in the US are so shut minded. You better realize that The USA is a comparatively new country. (240 years is not old for a country). It is everything else, but economics, that drives the world. It is inclusiveness that the world has to work towards. As long as boundaries exist in the mind, they will exist everywhere else as well. Better realize that the USA cannot exist just by itself. It is because all the other countries exist that the USA exists and vice versa. It is just jealousy and insecurity that you feel. WAKE UP!!!
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I thought sip was Systematic Investment Plan........
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The world can not move forward without Indian and Chinese in current world order, whether put them down or make fun of them.
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Is he mad or what ??
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2 little countries
-> he is being sarcastic.. -
TRUMP 2016!!!!!
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son of bitch
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