When will latest World dominance by 5% of World population end?

toughbutfair

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Looking at the riots in oregon last night, the chinese, russians and indians would have cleared those streets over a week ago.
Agreed, Trump in fairness is showing great restraint. I'd have cleared the streets by any means necessary if I was president.
 


Weeping Walls

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Agreed, Trump in fairness is showing great restraint. I'd have cleared the streets by any means necessary if I was president.
Good strategy by Trump. The auld 'give em enough rope to hang themselves 'approach. There will be little general sympathy for them now.
The far left always push it too far. They have gone way beyond and lost contact with the original cause for action bandwagon.
 

McTell

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Good strategy by Trump. The auld 'give em enough rope to hang themselves 'approach. There will be little general sympathy for them now.
The far left always push it too far. They have gone way beyond and lost contact with the original cause for action bandwagon.

Im not a trump fan, but being seen to take the punches, defend and not attack, puts him on the side of many voters. Law and order has always been a bit of an obsession over there.
 

toughbutfair

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Good strategy by Trump. The auld 'give em enough rope to hang themselves 'approach. There will be little general sympathy for them now.
The far left always push it too far. They have gone way beyond and lost contact with the original cause for action bandwagon.
Agreed. The blm movement has some justification but now they want George Washington statues pulled down
 

McTell

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Back to OP

//

You’ve often quoted George Kennan, the venerated State Department official, in his famous 1948 memo: “We have 50% of the world’s wealth but only 6.3% of its population…. Our real task in the coming period is to devise a pattern of relationships which will permit us to maintain this position of disparity.”
//
It's often forgotten that most of this "50% of the world's wealth" was found by europeans, who then planned and invested, (and yes employed locals cheaply), and sold the product.

Chomsky and Co give the impression that tea was being grown in india and rubber in brazil long before we arrived. And that we seized these assets as we had gunboats and the locals didn't.

The banana did not start off in south america but in new guinea.
 

Barroso

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Back to OP



It's often forgotten that most of this "50% of the world's wealth" was found by europeans, who then planned and invested, (and yes employed locals cheaply), and sold the product.

Chomsky and Co give the impression that tea was being grown in india and rubber in brazil long before we arrived. And that we seized these assets as we had gunboats and the locals didn't.

The banana did not start off in south america but in new guinea.
Where did they get the land to plant the crops/mine the coal and iron ore?
And even more importantly, how did they get the land?
 

McTell

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Where did they get the land to plant the crops/mine the coal and iron ore?
And even more importantly, how did they get the land?
Trade, followed by missionaries (ffs), followed by a "treaty" with some "chief". Usually a gunboat in the distance.

But 99.99% of america, africa and asia still remained and remains vacant / farmland, and not under plantations or gold mines.
 

middleground

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US still pursuing Huawei's Meng Wanzhou through its poodle Canada. This and banning TikTok and telling Germany not to do business with Russia are all effectively trading sanctions with complete disregard to their impact on other countries. A leading edge country wants competition while a diminishing power wants trade restrictions and closed markets.


It's ironic, a country that used to champion the idea of competition is now using dirty tricks and foul play to get an advantage. It can't tolerate the idea of any country producing innovation better than its own. And all of this is carried out under the guise of so-called justice.
 

myrak

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Looking at the riots in oregon last night, the chinese, russians and indians would have cleared those streets over a week ago.
Watched some of the Portland ‘riots’ on TV. Saw groups of Moms and Veterans and Dads take turn to place themselves between the crowd and the federal troops - it surely gives pause for thought about the narrative we are being fed by the WH.

Why would ordinary citizens gather together to protect other citizens.

It seems both sides had some out of control elements.

Yes the Chinese would have handled it differently but not sure Tiannamen Square is an example to follow or encourage .
 

toughbutfair

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Will Africa ever rise? They've great land and resources but don't seem able to reach the level of sophistication to utilise it. The best they seem capable of is selling rights to Asians, Americans and Europeans to use their resources for computer chips, technology etc.

Of course, in 200 years it could be the richest continent, time will tell.
 

middleground

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Will Africa ever rise? They've great land and resources but don't seem able to reach the level of sophistication to utilise it. The best they seem capable of is selling rights to Asians, Americans and Europeans to use their resources for computer chips, technology etc.

Of course, in 200 years it could be the richest continent, time will tell.
Hopefully they can develop economically without wiping out their unique wildlife.
 

Sweet Darling

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Will Africa ever rise? They've great land and resources but don't seem able to reach the level of sophistication to utilise it. The best they seem capable of is selling rights to Asians, Americans and Europeans to use their resources for computer chips, technology etc.

Of course, in 200 years it could be the richest continent, time will tell.
Looking at South Africa after the locals received their box of freedom, I doubt it.
 

McTell

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Watched some of the Portland ‘riots’ on TV. Saw groups of Moms and Veterans and Dads take turn to place themselves between the crowd and the federal troops - it surely gives pause for thought about the narrative we are being fed by the WH.

Why would ordinary citizens gather together to protect other citizens.

It seems both sides had some out of control elements.

Yes the Chinese would have handled it differently but not sure Tiannamen Square is an example to follow or encourage .

Both of these groups are in the 5% that dominates the world, so I've missed your point.
 

toughbutfair

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Looking at South Africa after the locals received their box of freedom, I doubt it.
Only free 30 years. Ireland in the 1950s was one of the poorest countries in Europe. However, it is true that Africans haven’t figured out how to build wealth. I’ve no idea whether they will learn from us or not. Time will tell.
 

EU Insider

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Interesting interview by Noam Chomsky here: Noam Chomsky: Trump Is Trying to Exploit Tension With Iran for 2020

As with previous World empires, basic concepts such as national independence and control over your own raw resources and territory are anathema to continued dominance by a superpower. The US represents less than 5% of the World's population but its corporations own about 50% of the World's output and its Government wants a veto on the actions of other countries. Their dominance has started to end with countries starting to ignore them but how slow and painful will the ending be? Here is a quote from the Chomsky interview:

You’ve often quoted George Kennan, the venerated State Department official, in his famous 1948 memo: “We have 50% of the world’s wealth but only 6.3% of its population…. Our real task in the coming period is to devise a pattern of relationships which will permit us to maintain this position of disparity.” That was 1948. I was interested to discover that two years later, he made a statement about Latin America to the effect of, “The protection of our raw materials” in the rest of the world, particularly in Latin America, would trump concern over what he called “police repression.”
While I accept that there has been a US hegemony for quite some time... I suspect that is has come to and end, but it’s happening slowly. Economically at least. China is taking over. Culturally the US has spread, but that happened with the economic influence and may too wane.
 

toughbutfair

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While I accept that there has been a US hegemony for quite some time... I suspect that is has come to and end, but it’s happening slowly. Economically at least. China is taking over. Culturally the US has spread, but that happened with the economic influence and may too wane.
China isn’t taken over, even when their economy overtakes the USA it’ll be mostly because there’s more of them. The average American has far more than the average Chinese.
 

McTell

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China isn’t taken over, even when their economy overtakes the USA it’ll be mostly because there’s more of them. The average American has far more than the average Chinese.

Yes, incl. plastic garden furniture that we could have made here, but for all the mess of making stuff from coal and oil. Oh and unions, being socialists they don't need unions.

Problem is, most of us won't need a new set for 50 years, so at some point china will over produce and not be able to sell its stuff. In the nature of the planned economy, it will keep on being made for the next 5 years beyond over production, and then the sh1t will hit the proverbial.
 

Sweet Darling

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Only free 30 years. Ireland in the 1950s was one of the poorest countries in Europe. However, it is true that Africans haven’t figured out how to build wealth. I’ve no idea whether they will learn from us or not. Time will tell.
We were not sitting on developed Gold and Diamond mines.
 

Watcher2

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Its always been like that and has actually improved alot compared to when the royal families and aristocracy ruled everything. In the nineteenth century it would have been less than 1% that controlled the wealth of the world. Then the other 99% were in genuine poverty and were actually starving in many cases ala the famines here and in tzarist russia . The 5% that own the wealth today are alot different to the 5% of even 20 years ago because of the rise of the tech billionaires and the influence they now have (that is actually the bigger issue). Its also the case that an average earner today has alot better life than the aristocrats of the nineteenth century because of the advancement of technology
“This expansion of the global middle class went together with progress in reducing global poverty – no matter what poverty line you want to compare it with, the share of the world population below this poverty line declined.“


people have been lifted from poverty and it looks like that trend is set to continue. Will there come a time when no one is considered poor? Probably not.
 


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