Monday, May 12, 2008

Rise of the Rest of the World

Newsweek: The Rise of the Rest

A phenomenal article/book excerpt on the the world we're headed toward - a post-American one, and why that's not such a bad thing. Covers the hows and whys for the tremendous advances that other countries have experienced over the last 10 years and does a great job of putting current events into perspective compared to events of the past 50 years.

While America's time of unmatched dominance in most categories is coming to a close, the author projects the positive attitude that I think is going to be critically important to the success of this country over the next 50 years. If we continue to embrace globalization and let it spur us to greater innovation and achievement we really have bright days ahead. However, if we isolate ourselves, and become protectionist in violation of the rules we've been pushing for decades...I have no doubt that this country will enter a vicious cycle of stagnation.

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