This essay was written in the mid-2000’s when the economies of Europe were thriving and the U.S. was unknowingly on the threshold of one of the biggest financial disasters in our history.
This essay asks an important question that is perhaps even more valid today: Are our entrenched practices holding us back in the modern economy?
One startling example of this is the advances made in China. As we read in the article Why California can’t compare with China, “China has built almost 30,000 kilometers of high-speed rail lines since the beginning of the century, while the US has completed virtually none.”
Obviously, our Democratic principles have a lot to do with this. Rightfully, we are unwilling to stifle the rights of the people for progress. But we still need to consider workable solutions because, while our people are not being stifled, our country may be.
Enjoy the article below from the early 2000’s.
Read More