Technology and world change session 2
During the 2nd session of Technology and world change, there was yet another interesting question worth discussing. Is the world facing fundamental change? Let us pay some attention to the key word here - fundamental. Fundamental means forming the base, from which everything else develops; more important than anything else (http://dictionary.cambridge.org/dictionary/british/fundamental?q=fundamental). As some had mentioned, the world is constantly changing. However, fundamental changes are not just more substantial changes but they literally change the principles and the models that we rely on today to make forecast and decisions.
One such change is the change in political system worldwide today. Political system forms the fundamental for the country and the economy of the country. Soviet Union is a perfect example where a political system that crumbled on its own weight, where responsibility was too overwhelming for the central government to sustain. China too, adopting a close door measure due to communism also suffered decades of low or negative growth within the country. Upon opening its doors now to the global economy, China has been experiencing double digits growth, growth that no developed countries have been able to achieve for just as many decades.
Today, most of us will agree that communism is a failed political system and the West gloat over their victory of democracy. Democracy to them is as good as a holy scripture but is it really? Lee Kuan Yew, the iconic figure who brought Singapore to success, despite British educated, till today he rejects total democracy to the extent that he finds it ridiculous. 45 years ago, the Americans found him ridiculous. How about today? Today Americans find their leaders a ridiculous. The debt impasses in August made the entire America literally a living joke. China was totally disgusted by the political system the United States tried to impose on them. Now we see the great foresight of our founder. The world may be nonchalant about US being downgraded from AAA to AA+ but will they be if Singapore was the one instead?
U.S is stuck in a gridlock, unable to maneuver freely with its political state because of the grand battle between The Republicans and The Democrats. To make up for the debt shortfall, the government chose to cut their budget from education, which takes 14% of the total expenditure of US rather than say 16% spent on pension or 11% spent on welfare. Schools are closing down, teachers are getting laid off and spending on technology is being cut (http://www.csmonitor.com/USA/Education/2010/0420/School-budget-cuts-across-the-US-projected-for-next-academic-year). So there goes the future of U.S. So what if these young children do not have voting right? They are the ones who might be the next Steve Jobs, not the 80 years old who are paid thousands monthly for pensions or medical subsidy. This may sound cruel but it’s the hard truth. And this is precisely the problem of democracy, the kids are deemed by the adults immature of making a major decision of voting, fine that sounds sensible. But it is also certainly more sensible to pacify those left with a few months more to the coffin but holding the trump card to their career. Sure, it makes total sense to rob the children of their books to buy a rocking chair for the elders in exchange for another 4 years’ worth of office.
Now, are we still so sure that democracy is the perfect system? Keep democracy, US is a falling star. Change the political system and it will whip a storm throughout the entire world, well perhaps China will be grinning. Whatever it is, political system is the fundamental of the fundamentals. Is the world facing a fundamental change?