01-26-2006, 06:28 PM
In my personal opinion, White's are very nervous about the growth in economic power of other race's. This endanger's the whole establishment, which includes people like witzel. No wonder then this Professor Summers (also of Harvard) wants westerners to have more fear.
--------------------------------------------------------------------------------------------
http://www.expressindia.com/fullstory.php?newsid=62033
Business
<b>âHistory created with India, Chinaâs riseâ</b>
Agencies
Posted online: Thursday, January 26, 2006 at 1514 hours IST
Updated: Thursday, January 26, 2006 at 1521 hours IST
Davos, January 26: Saving the world was on the agenda, but for many of the business leaders, academics and activists attending the âbig debateâ at the World Economic Forum, the theme may very well have been: saving the West from China and India.
Foreboding hung in the air as participants yesterday discussed key issues that global society must confront to navigate what Harvard University president Lawrence Summers described as one of the most important moments in history, Asia's new economic might.
"What is happening in India and China... The integration of the four-fifths of the world where people are poor with the one fifth of the world where people are rich, has the potential to be one of the three most important economic events in the last millennium, alongside the Renaissance and the Industrial Revolution," Summers said.
He cautioned the room of millionaires and leaders in their fields to focus their minds: "I fear that we have too much hope and too little fear."
But fear was a recurrent subtext at least in the words of the westerners who comprised the majority of those present.
The debate like much of the goings-on at the 2006 edition of the annual Davos extravaganza reflected the realisation by many that global integration and the wondrous technological advancements of recent years could bring traumatic change to countries that have grown comfortable and perhaps a little complacent.
--------------------------------------------------------------------------------------------
http://www.expressindia.com/fullstory.php?newsid=62033
Business
<b>âHistory created with India, Chinaâs riseâ</b>
Agencies
Posted online: Thursday, January 26, 2006 at 1514 hours IST
Updated: Thursday, January 26, 2006 at 1521 hours IST
Davos, January 26: Saving the world was on the agenda, but for many of the business leaders, academics and activists attending the âbig debateâ at the World Economic Forum, the theme may very well have been: saving the West from China and India.
Foreboding hung in the air as participants yesterday discussed key issues that global society must confront to navigate what Harvard University president Lawrence Summers described as one of the most important moments in history, Asia's new economic might.
"What is happening in India and China... The integration of the four-fifths of the world where people are poor with the one fifth of the world where people are rich, has the potential to be one of the three most important economic events in the last millennium, alongside the Renaissance and the Industrial Revolution," Summers said.
He cautioned the room of millionaires and leaders in their fields to focus their minds: "I fear that we have too much hope and too little fear."
But fear was a recurrent subtext at least in the words of the westerners who comprised the majority of those present.
The debate like much of the goings-on at the 2006 edition of the annual Davos extravaganza reflected the realisation by many that global integration and the wondrous technological advancements of recent years could bring traumatic change to countries that have grown comfortable and perhaps a little complacent.