by Sixstrings » Fri 25 Sep 2009, 23:34:20
$this->bbcode_second_pass_quote('SeaGypsy', 'T')here are many differences between the USA and Australia, that is not really my point here. I am looking at the current state of affairs in both countries with regards to a range of political and economic issues which I can see the USA benefitting from taking Australia's lead on.
What I'm saying is that America can't just "do things the Australian way" and magically wind up with the same booming economy. The state of a society is more complex than just governmental policy -- other factors include culture, history, geography; in short, our situations are different and those can't be changed.
I contend that nations like Canada and Australia are doing well primarily because they're young countries in comparison to the US and the UK. We've already grown from sea to shining sea, almost all our oil has been tapped, almost all the gold has been mined. We really have no frontiers anymore. A nation like Canada is in a different position.. it's on the early side of the growth slope, small population and oodles of resources.
Now China is certainly not a young country.. but in effect they are, since they haven't been practicing free market capitalism for very long. Fact is, the US is just an older and now aged capitalist system, and is on the downward side of the growth slope.
EDIT: if we're going to compare societal models, I'm more comfortable looking to a country like France. Again there are the differences in culture which can't be discounted.. but at least France is on old-growth capitalist system. I just think any comparisons to younger nations are invalid from the start (any English speaking country with a history of rule of law, a tiny pop and lots of resources will have a good economy -- that's just a given).