by namenick » Sun 13 Jan 2008, 15:40:59
newfie- Thanks for that from Diamond. He's always worth reading and it sort of answers the question. Sort of because China can raise their standard of living considerably without becoming consumers to the scale that we are in Canada and the US.
Diamond says: $this->bbcode_second_pass_quote('', 'F')or example, per capita oil consumption in Western Europe is about half of ours, yet Western Europe’s standard of living is higher by any reasonable criterion, including life expectancy, health, infant mortality, access to medical care, financial security after retirement, vacation time, quality of public schools and support for the arts.
Haha, but Americans have more 'stuff' and what's more important than stuff? If the Chinese choose to have more 'stuff' as opposed to having a better lifestyle then it makes things more difficult quicker. No doubt Japan chooses to have more stuff as oppoed to the European dream.
So I'm wondering, if the Chinese don't choose to have more stuff or just by necessity can't get more stuff and have to improve their quality of life and standard of living in the (more or less) European fashion, and we have to cut back on our 'stuff', which seems to be obvious sooner or later, will it all balance out better.
I realize that many PO'ers don't want to see anything on the positive side but nevertheless it wouldn't be a worthwhile discussion if we didn't entertain it too.